Alston & Bird, Biglaw, Money, Skaddenfreude

Nationwide Pay Raise Watch: As Alston & Bird Flies, Will the Rest of Atlanta Follow?

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Yes, we’ve confirmed the rumor: Alston & Bird has raised associate salaries in Atlanta.
But before you rejoice, consider the details — the actual numbers, and the effective date. From a tipster:

An email went around at 6:05 p.m. [on Wednesday]. The raises take effect on January 1, 2008, and there is heavy compression:

1 $145,000
2 $150,000
3 $155,000
4 $160,000
5 $170,000
6 $180,000
7 $190,000

Some Atlantans are less than thrilled. As one commenter wrote: “Morale at Atlanta firms is about equal to Iraqi troops who surrendered to Amercian news crews during the invasion.”
Still, as our tipster observed, “any raise is a raise.”

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