Biglaw, Blank Rome, Money, Skaddenfreude

Skaddenfreude: Winston & Strawn, Blank Rome, and Morning Open Thread

By  
on

A few more announcements have floated in, including ones from Blank Rome and Winston & Strawn. More details, plus a memo (in the case of Blank Rome), after the jump.
(These were the announcements that were into us and confirmed by the time we left for New York this morning. If you submitted confirmation of an announcement after 5 AM today, we’ll include it in our next round-up of pay raise news. Thanks.)


WINSTON & STRAWN
“Winston & Strawn has bumped in Chicago and Washington, DC, to the standard 145, 155, 170, 190, 210, etc. Our New York office has gone to the standard NY 160 etc. rates.”
“We all got individual memos, so there is no firm wide memo to send to you.”
BLANK ROME
A Blank Rome memo was posted in the comments yesterday. As another commenter notes, it would be appear to be authentic, in light of this Legal Intelligencer article. So here’s the memo:
MEMORANDUM
TO:
All Attorneys
FROM:
David F. Girard-diCarlo, Chairman
Carl M. Buchholz, Managing Partner and Chief Executive Officer
RE: Associate Compensation
We are pleased to announce that in response to recent changes in the marketplace as well as in recognition of the significant contributions of our Associates toward the success of the Firm, the Firm is increasing starting salaries for Associates effective January 1, 2007. Starting salaries for Associates in New York will be increased to $150,000, in Washington they will be increased to $145,000, and in Philadelphia they will be increased to $135,000. All other offices will be appropriately adjusted to reflect their respective markets.
Market adjustments are also being made for Associates in all subsequent class years, and the information on these adjustments will be communicated directly to Associates by the Practice Group Leaders over the next week. These market adjustments are in addition to the merit increases and bonuses being awarded to our Associates.
Law Firm Salary Increases Raise Eyebrows, Expectations [Legal Intelligencer]

Sponsored

Topics