Troutman Sanders raised associate pay $15,000 across the board in its Atlanta, Washington, Virginia and North Carolina offices Thursday, with the starting salary going from $130,000 to $145,000.
The firm’s managing partner, Robert W. Webb Jr., announced the pay increase to associates at 5 p.m. Thursday.
The raises are effective Jan. 1, 2008, the same date the pay raise that Alston & Bird announced to its Atlanta associates last week goes into effect. Earlier this week, King & Spalding matched Alston’s $15,000 increase in starting pay, also effective Jan. 1, but did not raise pay for more senior associates.
Correction: According to a source at the firm, as well as various commenters, “Troutman’s DC and Tysons Corner offices have starting salaries of $160K as a result of the increase. (Troutman’s Atlanta office is starting at $145K).”
What’s most noteworthy about this raise, as pointed out to us by several tipsters, is that it’s “across the board” — not just for first- or second-year associates. In Atlanta, where salary compression for more senior associates is a serious issue, an across-the-board raise of $15,000 is good news indeed. It’s better than what has been announced thus far by Alston & Bird and King & Spalding.
More discussion, after the jump.
Clerkship bonus announcements continue to roll in. Here’s the latest:
Quinn Emanuel’s website confirms that they have finally increased their clerkship bonus to $50,000.
My understanding is that other prestigious California litigation shops, like Keker and Munger, are still stuck at $35,000. You would make my day if you called them to confirm this (and thereby applied a little pressure).
Sorry, tipster. As we previously mentioned, we no longer conduct affirmative outreach to law firms about their clerkship bonuses, after receiving abuse rather than gratitude for past efforts on that front.
(But we might reconsider if, say, enough people made (tax-deductible) charitable donations to support us in the New York marathon this year. We need to raise $1,250 by early next month. Contributions — did we mention they’re tax-deductible? — can be made through our fundraising page.)
(And if you’re REALLY good, we’ll reward you with more Nina Totenberg stories. Ask and you shall receive!)
Another day, another blog post about Chambermaid, the controversial clerkship novel by lawyer-turned-writer Saira Rao. The latest post is by Professor Scott Burris, who clerked for Third Circuit Judge Dolores K. Sloviter — Rao’s former boss, widely rumored to be the basis for the central villain of Chambermaid, the tyrannical Judge Helga Friedman.
But Burris — unlike, say, fellow law prof and ex-Sloviter clerk Mike Rappaport — takes issue with the scuttlebutt equating Sloviter and Friedman:
What I really object to in the whole affair is the way Rao and some of her blogging readers have negotiated the delicate question of Judge Friedman’s correspondence with Judge Sloviter, and the rationale offered in several quarters for “outing” mean judicial bosses….
Aside from a couple of tics, Helga Friendman is not a portrait, nor even a recognizable caricature, of Dolores Sloviter. Hell, I didn’t even recognize Rao’s Center City Philadelphia.
Additional discussion — if this issue doesn’t interest you, just stop reading here — appears after the jump.
Firms continue to raise their clerkship bonuses, although the pace of announcements seems to be slowing.
Here’s the latest addition to the $50K/$70K Club:
“Kramer Levin increased its clerkship bonus to $50,000 for one year and $70,000 for two years. The info is on their NALP page.”
Indeed it is. You can access the firm’s form by running a search on this page.
And if you’re looking for a continually updated compilation of clerkship bonus information, we refer you to this list, over at the Law Clerk Addict blog. Very helpful!
P.S. Random factoid about Kramer Levin: it’s the former Biglaw home of the WSJ Law Blog’s Peter Lattman, who practiced litigation there for two years in the 1990s. Vault 100 clerkship salary bonus chart [Law Clerk Addict Blog]
* Do you believe in life after law? Five Biglaw escapees — a writer, a baker, a stand-up joke-maker — discuss life on the outside. [New York Observer] [FN1]
* Some helpful clerkship application advice. [Infirmation] [FN2]
* Monica Goodling, to the Lido Deck! [What About Clients?]
* Fun fact of the day: Did you know that Peter Lattman likes fried plantains? [WSJ Law Blog]
[FN1] Yes, this is a shameless plug for the easy-to-miss sidebar to our New York Observer piece from last month.
[FN2] We’re not sure we concur with the view that “[a] generic cover letter is a tragically wasted opportunity.” Having seen some laughably bad “creative” cover letters over the years, we usually recommend a “do no harm” approach. If your application is strong, res ipsa loquitur.
“Dewey Ballantine just raised its clerkship bonus. $50K for a federal clerkship or the highest court of any state.”
If you’re aware of any judicial clerkship bonus news that hasn’t previously appeared here, please email us (subject line: “Clerkship Bonus”).
In addition, if you’re planning to apply for a clerkship next month, we reiterate our earlier plug for the Clerkship Notification Blog.
In addition to fall recruiting season for law firms, clerkship application season is almost upon us. The “season” officially starts in September, when current law students are allowed to submit their applications for federal judicial clerkships.
But, as reported by the WSJ Law Blog, a fair number of judges are cheating moving faster than the official timetable. In addition, the timing rules don’t apply to law school graduates. So judges are free to interview, for example, recent law school grads now at law firms.
If you’re in the hunt for a judicial clerkship, whether state or federal, here’s a great website that you should be aware of. From a tipster:
The new Clerkship Notification Blog is finally up and running. Please advertise this amazing resource to your readers and encourage them to quickly begin posting there. Some judges have already started interviewing grads…
Here are two updates about clerkship bonuses (a subject of interest to a limited group of readers — but those who care REALLY care):
1. Willkie Farr & Gallagher: The rumor that Willkie pays a $50,000 clerkship bonus has been confirmed. We understand this applies to both New York and Washington.
2. Akin Gump: In New York, the firm pays a $50,000 clerkship bonus. (We don’t know what they do in other offices.)
In addition, one tipster calls out WilmerHale for, well, trying to pull a Latham.
If you’d like to know why WilmerHale’s $35,000 clerkship bonus may not truly be a $35,000 clerkship bonus, read the rest of this post, after the jump.
The rumor from the other day has been confirmed: Paul Hastings, of Transformers fame,* has raised its clerkship bonus to $50,000.
We’ve confirmed the news with two sources: an associate at the firm, and a law clerk with an outstanding offer. (We don’t know what PH pays for two clerkships, though; if you have that info, please email us.) Update: Confirmed. Paul Hastings also pays a $70,000 bonus for two years of clerking.
* Guess the New York Times folks missed Transformers. In this article, they identify Paul Hastings as a San Francisco law firm — even though it’s really a national firm, headquartered in Los Angeles (housed in an iconic tower that looms large over the L.A. skyline). Earlier: A Law Firm Cameo in ‘Transformers’
About a month has passed since our last post about Supreme Court clerk hiring for October Term 2008 (not OT 2007, whose clerks started just this month, but the following one). We were reminded that we hadn’t written about the subject in a while after we received this email:
“I heard that some dude from Calabresi just got hired on the court, then some other dude from Yale, but I can’t remember who he clerked for.”
Considering the frequency with which Guido-maniacs and Yalies troop off to One First Street, this is about as helpful as saying that “I heard someone with a law degree got hired to clerk for the Court.”
Despite the vagueness of this information, we’re sure we can get to the bottom of things — with help from you, our loyal readers.
Please check out the latest version of our list of OT 2008 law clerks, which appears after the jump. If you have more SCOTUS clerk hiring news to add, or a correction to anything on the list, please email us (subject line: “Supreme Court clerk hiring”).
We aren’t expecting to get that much hiring news this time around, since the Supreme Court Term is now over, and the justices are all traipsing around Europe (or New Hampshire). But we’re thinking we might hear about hires that were made some time ago but haven’t hit the rumor mill yet. For example, who is the mysterious fourth Thomas clerk for OT 2008?
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past seven years. You can reach them by email: firstname.lastname@example.org.
Please note that Evan Jowers and Robert Kinney are still in Hong Kong and will stay FOR THE REMAINDER OF THIS WEEK. We still have a handful of available slots for meetings with our Asia Chronicles fans. If we have not been in touch lately, reach out and let us know when we could meet! There is no need for an agenda at all. Most of our in-person meetings on these trips are with folks who understand that improving a legal practice through lateral hiring is an information-driven process that takes time to handle correctly.
Regarding trends in lateral US associate hiring in Hong Kong, we of course keep much of what we know off of this blog. Based on placement revenue, though, Kinney is having one of our most successful years ever in Asia. We are helping a number of our law firm clients with M&A, fund formation, cap markets, project finance, FCPA and disputes openings. These are very specific needs in many cases, so a conversation with us before jumping in may be helpful. As always, we like to be sure to get the maximum number of interviews per submission, using a well-informed, highly targeted, and selective approach, taking into account short, medium and long-term career aims.
Making a well informed decision during a job search is easier said than done – the information we provide comes from 10 years of being the market leader in US attorney placements at the top tier firms in Asia. There is no substitute for having known a hiring partner since he/she was an associate or for having helped a partner grow his or her practice from zip to zooming, and this is happily where we stand today – with years of background information on just about every relevant person in all the markets we serve, and most especially in Hong Kong/China/Greater Asia. So get in touch and get a download from us this week if we can fit it in, or soon in any case!
The legal industry is being disrupted at every level by technological advances. While legal tech entrepreneurs and innovators are racing to create a more efficient and productive future, there is widespread indifference on the part of attorneys toward these emerging technologies.
When the LexisNexis Cloud Technology Survey results were reported earlier this year, it showed that attorneys were starting to peer less skeptically into the future, and slowly but surely leaning more toward all the benefits the law cloud has to offer.
Because let’s face it, plenty of attorneys are perhaps a bit too comfortable with their “system” of practice management, which may or may not include neon highlighters, sticky notes, dog-eared file folders, and a word processing program that was last updated when the term “raise the roof” was still de rigueur.