Associate Salaries
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Associate Bonus Watch 2011, Associate Salaries, Biglaw, Bonuses, Money
Associate Bonus Watch: Bingham McCutchen's 'Extraordinary' Bonuses
Congratulations to Bingham McCutchen, which recently earned a spot on Fortune's best companies to work for -- for the eighth year in a row. And congratulations to Bingham's nine new partners. And congratulations to high-billing associates at Bingham. They were rewarded with "extraordinary" bonuses, as set forth in the firm's bonus memo.... -
Associate Bonus Watch 2011, Associate Salaries, Biglaw, Bonuses, Money, Silicon Valley
Associate Bonus Watch: Wilson Sonsini Announces Bonuses and Base Salary Scale
Yesterday, everyone was talking tech, thanks to Facebook's upcoming IPO. In light of how Silicon Valley is dominating the news cycle, it seems fitting to discuss the recent bonus and salary news from Wilson Sonsini -- one of SV's top firms, and counsel over the years to many startup companies turned tech giants. So what kind of bonuses did WSGR just announce? Let's find out.... - Sponsored
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Associate Bonus Watch 2011, Associate Salaries, Biglaw, Billable Hours, Bonuses, Money, Pro Bono
Associate Bonus Watch: Goodwin Procter Makes Good
Tomorrow, associates at Goodwin Procter will receive individualized news of their bonuses. You may recall that last month, when ATL’s new director of research, Brian Dalton, compiled a list of Biglaw’s ten most generous firms — i.e., the ten firms that pay the best bonuses, when measured against their profits per partner — Goodwin did […]
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Akin Gump, Associate Bonus Watch 2011, Associate Salaries, Bonuses, Dewey & LeBoeuf, Ho-Love, Money, Partner Profits
Keeping Up With the Cravathians: The Ten Most Generous (or Foolish?) Law Firms
Cravath is among the most profitable firms in the world. We thought it would be interesting to see what the implications of matching Cravath are for those firms with much lower profit margins. Which firms’ partners willingly take the biggest hit by keeping up? Are these firms arguably more “generous”? After the jump, check out those firms that pay the largest percentage of PPP in bonuses.... -
Associate Salaries, Biglaw, Bonuses, Money, Partner Issues, Partner Profits
New York to $190K? Actually, It's About Time.
There's an interesting post up on Constitutional Daily by The Philadelphia Lawyer. It's a repack from a 2007 article arguing that salaries for first-year associates should go up to $190,000 a year. And he's right. Yet the associate salary scale hasn't seen a raise for almost five years. And bonuses are down compared to 2007. Is it time for firms to start sharing the wealth? -
Associate Salaries, Biglaw, Money, NALP, National Association for Law Placement (NALP), Texas
NALP 'Buying Power' Index Says Everything Is Bigger in Texas
The National Association for Law Placement has produced an extremely useful chart for people trying to figure out where to start their Biglaw careers. They've listed the cities that give you the most bang for your buck if you land a high paying Biglaw job. And boy, are New York City associates going to feel stupid.... -
Associate Salaries, Biglaw, Money, Schiff Hardin, Summer Associates
Nationwide Pay Raise Watch: Schiff Hardin (Plus offer rate news.)
August is a boring month, but we still have pockets of law firm news to report, here and there. Today's dispatch comes from Schiff Hardin, which earlier this month announced an associate pay raise.... -
Associate Bonus Watch 2010, Associate Salaries, Biglaw, Bonuses, Constitutional Law, Gay, King & Spalding, Legal Ethics, Money, Partner Issues, Politics
King & Spalding: More DOMA Drama, Plus Salary and Bonus News
Some people, including crisis communications experts, think that King & Spalding should just shut up already about the DOMA debacle. The firm agreed to represent the House of Representatives in defending the controversial Defense of Marriage Act, and then almost immediately turned around and withdrew from the representation. This prompted the departure from the firm […] - Sponsored
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How to best leverage generative AI as an early adopter with ethical use. -
Associate Bonus Watch 2010, Associate Salaries, Biglaw, Bonuses, Cheapness, Money
Associate Bonus Watch: DLA Piper's People Pipe Up -- and They're Not Happy
DLA Piper has released some information about its associate compensation and bonus payouts, and some associates who work for the firm are unhappy. Why? I don’t really know. I don’t know why they thought that working for the largest firm in the world would be a good thing when it came time to pay out […] -
Associate Salaries, Biglaw, California, Gunderson Dettmer, Money, Silicon Valley
Nationwide Pay Raise Watch: West Coast Action
We recently reported on Wilson Sonsini restoring associate base salaries to pre-recession levels. Wilson Sonsini associates in five major offices — New York, Palo Alto, San Diego, San Francisco, and Washington, D.C. — are now paid on what might be called the New York market scale or the $160K scale (a scale I’ve committed to […] -
Associate Salaries, Biglaw, Career Center, Job Survey, Killing Lockstep, Money, Shameless Plugs, This Is an Ad
Career Center Survey Results: Comparing Compensation Systems
Back in 2009, when killing lockstep was all the rage, a number of large law firms announced that they would be moving to some form of a merit-based compensation system. Now that we’re a few years into those systems, how many firms have stuck with the plan? And which systems do associates prefer? Of the […] -
Advertising, Associate Salaries, Biglaw, Bonuses, Job Survey, Killing Lockstep, Money, Shameless Plugs, This Is an Ad
Career Center Survey: Comparing Compensation Systems
In the throes of the recession, many Biglaw firms jumped on the bandwagon to kill lockstep compensation in favor of a more merit-based system (though some have already fallen off the bandwagon). With a variety of compensation models currently in use among firms today, we want to hear from you about how you get compensated […] -
Associate Bonus Watch 2010, Associate Salaries, Biglaw, Bonuses, Money, Salary Freeze, Silicon Valley
Associate Salary Watch: Wilson Sonsini Restores Pay to Pre-Freeze Scale
It appears that Larry Sonsini, chairman and name partner of the high-powered Wilson Sonsini law firm, is a very good golfer. Earlier this year, while playing golf to celebrate his 70th birthday, the legendary lawyer scored a hole in one. Sonsini isn’t the only one who’s scoring over at 650 Page Mill Road. His partners […]
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Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
The rise of remote work has dramatically reshaped the relationship between Lawyers and Law Firms, see how Scale LLP has taken the steps to get…
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ChatGPT ushers in the age of generative AI – even for law firms.
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Associate Salaries, Biglaw, Bonuses, Money, Partner Issues, Partner Profits
Biglaw Firm Warns Associates They'll Be 'Disappointed' With Comp
You know associates are pissed when they end their emails to Above the Law with lines like this one, from a message we received last night: NO ONE SHOULD COME HERE. EVERYONE HERE SHOULD LEAVE. That’s what happens when you tell your associates that they’re going to get paid significantly below market and like it. […] -
Associate Salaries, Biglaw, Killing Lockstep, Money
Associate Salary Watch: Big (and Good) News from Winston & Strawn
Well that didn’t take long, did it? On Tuesday afternoon, we wrote about associates at Winston & Strawn who were upset over the lack of news on seniority-based salary bumps. Since we’re well into a new year, associates at top law firms should be getting raises, with first-years becoming second-years ($160K to $170K), second-years becoming […] -
Associate Bonus Watch 2010, Associate Salaries, Biglaw, Bonuses, Money
Associate Bonus Watch: Winston & Strawn(And an additional issue about base salaries.)
As we’ve explained before, we want to hear about your law firm’s bonus news, even if it’s old. As long as we haven’t written it up yet, please consider it fair game. (Use our site search box in the upper-right-hand corner, or scroll through our Associate Bonus Watch archives, to see which announcements we’ve already […] -
Associate Bonus Watch 2010, Associate Salaries, Biglaw, Bonuses, Money
Associate Bonus Watch: McDermott Will & Emery's Good News
Earlier this week, associate bonuses were announced at McDermott Will & Emery. We’ve heard about the news from multiple McDermott sources — and, without exception, all expressed happiness with their bonuses. “McDermott essentially matched market for average billers and beat market for above average billers,” said one source. “They also combined year-end and spring bonuses, […] -
Associate Bonus Watch 2010, Associate Salaries, Banking Law, Biglaw, Bonuses, Boutique Law Firms, BuckleySandler, Clerkships, Midsize Firms / Regional Firms, Money
Clerkship Bonus Watch: BuckleySandler to $60,000!
What’s going on with clerkship bonuses? The last time we really checked was over a year ago. We might do a follow-up; if you have tips — not questions or requests for advice, but hard information about clerkship bonus amounts — please email us (subject line: “Clerkship Bonuses”). In our last look at the subject, […] -
Associate Bonus Watch 2010, Associate Salaries, Biglaw, Bonuses, Intellectual Property, Money
Associate Bonus (and Salary) Watch: Fish & Richardson
A day without bonus news is a day without sunshine. We wouldn’t let this Monday pass without giving you some new compensation information to wrap your heads around. Today’s bonus news comes from the prominent intellectual-property firm of Fish & Richardson. Fish’s approach to associate compensation is closely watched by other IP shops, so we […] -
Associate Bonus Watch 2010, Associate Salaries, Biglaw, Bonuses, Money
Associate Bonus (and Salary) Watch: Wilson Sonsini
In our coverage last month of top law firm partners to work for, Wilson Sonsini did well. See here and here. (Speaking of Wilson Sonsini partners, the firm recently announced nine new ones — including Rick Frenkel, of “Troll Tracker” fame. Congratulations!) Not only does WSGR have some great partners to work for, but they […]