We don’t have memos, but we can confirm associate pay raises at two large law firms:
More details, plus your comments, after the jump.
Yesterday someone posted this comment:
Wiley Rein raised to $145K for first years on the 1950 [billable hours] track, and $125K for first years on the 1800 track. They basically followed Hogan’s salary structure, with one or two slight differences in upper-levels.
We have confirmed this with a source at the firm. There’s no memo because the news was conveyed orally, at an “all associates” meeting held yesterday. The numbers were projected on a screen for everyone to view.
We have also confirmed that the Wiley Rein scale is consistent with Hogan & Hartson’s for the first five years: 145 / 155 / 170 / 190 / 210.
(In case you’re curious, “Wiley Rein & Fielding” became “Wiley Rein” effective February 1, 2007. Press release here.)
WILSON SONSINI GOODRICH & ROSATI
After seeing a few of your comments, we headed over to Infirmation / Greedy SF / SV, where we found this post:
Scale is below, parantheses indicates rate for high performance rating, which something like 2/3 of eligible associates receive – note that this is retroactive only to Feb 1, not Jan 1 like everyone else (sigh, shake head).
Everywhere but NY:
We have independently verified this information with a source at the firm, so you can consider it accurate.
Earlier: Prior ATL coverage of associate pay raises (scroll down)