West Coast Pay Raise Watch: Wilson Sonsini Raises With One Hand, Takes Away Bonus With the Other

Along the lines of Heller Ehrman’s recent announcement, here’s another pseudo-raise from a West Coast firm. Earlier this afternoon, a source at Wilson Sonsini informed us: A memo will be distributed later today with the details, but we received a VM a few minutes ago. Essentially, there will be “raises” to match market in places […]

By David Lat on May 14, 2007 6:34 pm

Along the lines of Heller Ehrman’s recent announcement, here’s another pseudo-raise from a West Coast firm. Earlier this afternoon, a source at Wilson Sonsini informed us:

A memo will be distributed later today with the details, but we received a VM a few minutes ago. Essentially, there will be “raises” to match market in places where there has been movement. This is defined as DC, CA, TX. NYC was already at $160k.

BUT the raise will be “mitigated” by an offset in the bonus structure. Also, Seattle and Salt Lake City are excluded from the “raise.”

The memo, which a second source at the firm verified for us, appears after the jump.