Biglaw, Money, Skaddenfreude

Skaddenfreude: O’Melveny Joins In the Fun

100 dollar bill Above the Law Above the Law law firm salary legal blog legal tabloid Above the Law.JPGWe have confirmed, with sources at the firm, the news that O’Melveny & Myers has raised associate base salaries in its California offices. The firm’s California and New York offices are now on the same salary scale.
The O’Melveny & MYers news was conveyed through a firm-wide voice-mail. The message said: “Over the past 24 hours, we’ve detected a movement in the associate and counsel compensation marketplace.”
(The “movement” referred to in the voicemail is presumably the bump in California salaries that was just announced by Orrick, Herrington & Sutcliffe.)
So here’s the new OMM pay scale:

Effective May 1, for all US offices (includes all CA offices and the DC office, and obviously NY):
2006: $160K
2005: $170K
2004: $185K
2003: $210K
2002: $230K
2001: $250K
2000: $265K
1999: $280K

Also, in case you question yesterday’s news about Orrick’s pay raise, today’s Recorder provides confirmation of what we previously reported. You can check out their article, which includes comment from Orrick chairman Ralph Baxter, by clicking here.
Orrick Ups Calif. Associates’ Pay to $160,000 [The Recorder]
Earlier: Skaddenfreude: Orrick Raises California Salaries

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