Yes, we have seen the comments stating that Gibson Dunn & Crutcher has raised associate base salaries for its non-New York offices. We have no reason to doubt this tip, or to question the authenticity of this memo.
But we still want to dot our i’s and cross our t’s. We’re in the process of getting confirmation from sources at the firm. If you’re willing to help us out, please email us.
Once it’s verified, we’ll post the GDC memo after the jump. Thanks.
Update: The memo, confirmed for us by multiple sources at the firm, appears after the jump.
GIBSON DUNN & CRUTCHER PAY RAISE MEMO
From: Woodhouse, Charles E.
Sent: Tuesday, May 08, 2007 6:01 PM
To: * All Associates – LA Area; * All Associates – DC; * All Associates – OC; * All Associates – SF; * All Associates – PA; * All Associates – DE; * All Associates – DA
Subject: Adjustment to Associates’ Salaries
From the Management Committee
We are pleased to announce increases in salaries for associates in each of our U.S. offices outside of New York. Effective May 1, 2007, the base compensation for associates in these offices will be adjusted as follows:
Class Year Current Base New Base
1st Year $145,000 $160,000
2nd Year $155,000 $170,000
3rd Year $170,000 $185,000
4th Year $190,000 $210,000
5th Year $210,000 $230,000
6th Year $225,000 $250,000
7th Year $240,000 $265,000
8th Year $250,000 $280,000
The May 15 pay period will reflect these adjustments effective as of May 1.