Back in December, DLA Piper decided to move to a merit based compensation system. Attendant to that move, the firms instituted a 10% pay cut, dropping starting salaries to $145,000. Despite widespread outrage among DLA associates, the firm repeatedly defended the move.
Other Biglaw firms that moved away from lockstep would not follow DLA down the salary rabbit hole.
Now, DLA Piper has given it up its quest to drive down associate salaries. The National Law Journal reports:
DLA Piper is raising associate pay by 10 percent, in a move that will return compensation to their levels before the economic downturn.
A memo released to attorneys on Thursday by firm leaders announced midyear pay increases in offices outside New York. DLA Piper raised salaries in New York in January to pre-recession levels of $160,000 for first-year associates.
Welcome back to the pack, DLA? Tipsters report that the firm is not quite there yet…