We have a few associate pay raise developments to report this morning. Some of these items were announced some time ago, but they haven’t written about in these pages until now. Here they are:
1. Arent Fox: The firm now pays a starting salary of $160,000 in New York, D.C., and California, according to the firm website, which a tipster pointed out to us. (But that $20,000 clerkship bonus is pretty chintzy.)
2. Seyfarth Shaw: The firm, which dragged its feet on the last pay raise, has no current plans to raise again. From a Chicago associate:
“Our executive committee recently had a meeting and it was decided that salaries would not be raised to 160K for offices outside of New York. Chicago will continue to be behind market. I’m not so sure about the Boston, D.C. and L.A. offices, but if Chicago is not bumping, those offices are most likely staying behind as well. Maybe you should do one of those Baker & McKenzie and Greenberg Traurig bar charts on Monday morning for Seyfarth Chicago. As much as this firm is trying to be a major Chi-town player, it isn’t paying like one. We are pretty bummed.”
3. LeBoeuf Lamb: The firm has raised to the $160K scale in its Houston office. Memo after the jump.
LEBOEUF LAMB GREENE & MCRAE — HOUSTON — ASSOCIATE PAY RAISE MEMO