The rumor is true. Locke Liddell & Sapp has raised salaries for first- and second-year associates. As noted by a commenter, “Now that they have Harriet Miers back, Locke Liddell’s future is blindingly bright.”
The news was reported in the Texas Lawyer. We’ve also gotten a copy of the email, sent out this afternoon by managing partner Jerry Clements (who actually isn’t a 300-pound, cigar-smoking Texan male, replete with handlebar moustache, but a rather attractive woman).
You can check out her email, plus a photo, after the jump.
As for Baker Botts in Texas, still no word, as of the time of this post. If you hear anything, please email us. Thanks.
Not to be Outdone, Locke Liddell Hikes Associate Pay [Texas Lawyer]
LOCKE LIDDELL & SAPP — ASSOCIATE PAY RAISE MEMO
From: Denise Ellis On Behalf Of Jerry K. Clements [pictured at right]
Sent: Thursday, July 19, 2007 3:54 PM
To: LLS Attorneys; DA Summer Clerks; HO Summer Clerks; AU Summer Clerks
Cc: Holsworth, Miles E.; Yoxall, Tom G.; Gilbert, Julie; Clements, Jerry K.
Subject: Attorney Compensation
As communicated earlier, Locke Liddell & Sapp management has been studying the possibility of increasing associate salaries. It is always our intent to remain a competitive force in the marketplace, and to attract and keep top talent. Locke Liddell is increasing associate salaries in Texas and Washington, D.C., effective August 1, 2007. Base salaries will be $160,000 for first year associates and $170,000 for second year associates. We are still working on details of the compensation structure for the other associate classes, but we are committed to remain competitive.
We will keep you apprised of decisions as they are made. Again, thank you for all the work you do for Locke Liddell and for our clients.
Jerry K. Clements