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.
* Ex-astronaut Lisa Nowak wants her ankle bracelet removed. She has no complaints about the diaper. [New York Times]
* Say what? The DOJ will pay $150K for me and a friend to surf the web for porn? [New York Times]
* Roel Campos is cashing in his chips. He’s leaving the SEC for a partnership at Cooley Godward Kronish. [Washington Post]
* The Maher Arar rendition and torture case: blame Canada? [New York Times]
* Congratulations, Gitmo detainees: you’re now “enemy combatants.” [Washington Post]
* “[H]ere’s a little unsolicited career advice for Loyola 2L.” [WSJ Law Blog]
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.)
* Lawyer opinions solicited: Is this an effective ad for malpractice insurance? [Copyranter]
* Another ugly day for the stock market. [Volokh Conspiracy]
* On that subject: Is the vast family fortune of Rachel Kovner, ATL’s official It girl, in jeopardy — as recently rumored by our sibling site? Not exactly. But if Bruce Kovner’s legendary fund is up only 3 percent year-to-date, things could certainly be better. [DealBreaker]
* What? The iPhone is not God’s greatest gift to man? Bite your tongue! [Althouse]
* Ignoring a handslap will get you a benchslap. See page 15, footnote 7. [U.S. Court of Appeals for the Second Circuit (PDF)]
It used to be that salaries for first-year associates at large firms remained intact for the year. No more.
Increasing pressures to match the pay offered elsewhere have impelled some New Jersey firms to a midyear hike, a sampling of large New Jersey law offices shows. (See chart.)
Day Pitney in Florham Park announced on July 27 it would increase first-year salaries to $135,000 in January 2008, a jump of $15,000.
Lerner, David, Littenberg, Krumholz & Mentlik in Westfield decided on July 1 to boost first-year salaries by $10,000, to $140,000, starting in January.
Lerner David’s pay level equals that of Lowenstein Sandler of Roseland as the highest among firms whose main office is in New Jersey. Lowenstein announced in June that first-year pay would increase to $140,000 in January, $15,000 above the level originally set earlier in the year….
Actually, this is a two-for-one. We can also get a Benchslap of the Day out of this item. From the Miami Herald:
Prominent attorney Hank Adorno — already under Florida Bar investigation for his role in Miami’s fire-fee scandal — on Wednesday was blasted by the Third District Court of Appeal for what the judges called his ”reprehensible conduct” in the now infamous case.
In a unanimous opinion that upheld a lower-court decision invalidating Miami’s $7 million fire-fee settlement with just seven people, the appeals court ripped into Adorno, who had represented the so-called ”lucky seven.” The Adorno & Yoss firm stood to earn a $2 million share of the $7 million payout, while some 80,000 taxpayers got nothing.
Huh? How did that almost come to pass?
More discussion, plus the benchslap-worthy language from the court’s opinion, after the jump.
Some fashion advice for Arab-Americans traveling by plane: leave the Arabic-slogan t-shirts at home.
Unless you want to become the plaintiff in an ACLU lawsuit. Consider this recently filed case:
The American Civil Liberties Union and New York Civil Liberties Union today filed a federal civil rights lawsuit charging that a Transportation Security Administration (TSA) official and JetBlue Airways illegally discriminated against an American resident based solely on the Arabic message on his t-shirt and his ethnicity.
JetBlue and the TSA official, identified as “Inspector Harris,” would not let Raed Jarrar board his flight at John F. Kennedy Airport until he agreed to cover his t-shirt, which read “We Will Not Be Silent” in English and Arabic script.
According to the complaint, Harris told Jarrar that it is impermissible to wear an Arabic shirt to an airport and equated it to a “person wearing a t-shirt at a bank stating, ‘I am a robber.’”
Here it is: the breathlessly anticipated SCOTUS Smackdown! To be precise, we should note that not all of our July couples featured a Supreme Court clerk. But Gelman-Bash (Scalia), Ingber-Metlitsky (Roberts), and Bernstein-Foster (Kennedy) are all Elect-able pairings. We can’t wait to see who gets to strut around One First Street with ATL’s coveted Couple of the Month crown!
Vote for your favorite (or least un-favorite) Justice, vote for the best picture, or vote against the Elect by picking DeLeonardo-Frey or Goldfein-Holden — just vote! Click on the link below for recaps on each couple.
When you’re ready to make your choice, here’s the poll:
(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.
You know the drill. We’re still taking summer associate stories; if you have one to share, please review our submission guidelines, and then email us.
Here’s the latest:
1. Superhero name: The Vanimal
2. Special power(s): Ridiculous self-aggrandizement; creeping out female colleagues; writing erotic correspondence.
3. Summered: Balch & Bingham, “several summers back.”
4. Claim to fame: From our tipster:
“The Vanimal was an odd duck from [law school redacted] who liked to talk about himself in the third person and refer to himself as ‘The Vanimal.’ E.g., ‘the Vanimal doesn’t drink’ — which was pretty out of place at a traditional southern firm. [Ed. note: The origins of this bizarre 'Vanimal' moniker will have to remain obscure; to say more would risk revealing his identity.]
“In addition to calling himself the Vanimal and speaking in the third person, he would make a V with his fingers — like a peace sign, but palm inwards — which he held up while he talked.”
You’re dying to find out what the erotica writing is about, right?
Find out, 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]
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When Chintan Panchal decided to leave a global BigLaw partnership to start his own firm, he could only hope that he would face the high-quality problem of firm building that many had cautioned him about. Focused on the uncertainty surrounding of a new firm launch, he decided to tackle staffing needs, IT challenges, and financial planning requirements after he had built up his legal practice.
Panchal Associates LLP–a corporate/finance and outside general counsel boutique–was quickly off to a great start. Clients and matters were flying in the door, and Chintan soon had a team of lawyers and staff with a variety of operational needs. To continue building an excellent team and provide them with a competitive benefits package, to expand his physical presence to include a European practice and additional partners, and to scale his operations and IT capabilities to support this growing enterprise brought with it demands of time, money, and expertise. Chintan knew he needed help.
“With the assistance of NexFirm, we have upgraded the capabilities of our firm to meet, and in some cases exceed, the standards we were used to at our former BigLaw firms. Operationally, we can now attract and service clients we didn’t have the bandwidth to support in the past, and continue to build our team with the best and brightest legal talent in the industry,” said Chintan Panchal, adding “It has worked out quite well in our case; NexFirm is an essential partner for us.”
The holiday season is upon us, and yet again, you have no idea what to get for the fickle lawyer in your life. We’re here to help. Even if your bonus check hasn’t arrived yet, any one of the gifts we’ve highlighted here could be a worthy substitute until your employer decides to make it rain.
We’ve got an eclectic selection for you to choose from, so settle in by that stack of documents yet to be reviewed and dig in…
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