Skaddenfreude

We didn’t receive this information from a verified source at the firm, so please treat it as unconfirmed. We’re going to fact-check this information “blog-style”: we’re going to throw it out there, then wait for somebody to tell us it’s wrong (or to confirm it). Anyway, here it is, from an email from an anonymous […]

Wow. Late Friday afternoon, we briefly discussed an article by D.C. bar president James J. Sandman, a partner at Arnold & Porter in Washington, bemoaning the recent associate pay raises. The article generated a strong reaction, judging from the avalanche of

Simpson Thacher & Bartlett has raised associate base salaries across the board. For the most junior classes, the increase is $15,000. New associates arriving at the firm in the fall will now receive a starting salary of $160,000, instead of $145,000. (You saw the memorandum here first, people — less than ten minutes after it […]

This item, from yesterday’s WSJ Law Blog, caught our eye: As the 11th Vioxx trial got underway yesterday in federal court in New Orleans, Merck disclosed in an SEC filing that it’s giving its general counsel Kenneth Frazier a raise and a promotion, effective Nov. 1. The GC who will forever be associated with the […]

In response to our recent request for information about academic salaries, a number of you reminded us that the salaries of many professors at state law schools are already publicly available. We had a vague recollection of this, but were too lazy to dig up links. Thankfully, a number of you did that for us. […]

This just in: Earlier this month, M&A powerhouse Wachtell, Lipton, Rosen, & Katz bestowed generous “mid-year bonuses” upon its associates. The dough was distributed “without prejudice” to Wachtell Lipton’s legendary year-end bonuses, which in recent years have come in anywhere between 40 to 80 percent of an associate’s base salary. (WLRK’s base salaries are already […]

In light of the recent debut of Skaddenfreude, ATL’s column chronicling attorney compensation, it’s a neat coincidence that the New York Times has an entire article discussing compensation for first-year associates at major law firms. We’ll get to that article in just a second. First, though, a brief amendment to our prior Skaddenfreude request. We […]