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A quick word of thanks to this week’s advertisers on Above the Law:

If you’re interested in advertising on Above the Law or any other site in the Breaking Media network, download our media kits, or email advertising@breakingmedia.com. Thanks!

Career Center AboveTheLaw Lateral Link ATL.jpgThe results of the 2010 ATL Career Center Associate Satisfaction survey are in, and they are part of the all new Career Center, powered by Lateral Link. Over the next few weeks, we will be highlighting insider information shared by Career Center users.

Today, it’s all about the money — compensation. Tell us about the comp structure at your firm — click here to take our short survey.

  • This firm is known for its “entrepreneurial culture,” but is a follower when it comes to bonus amounts, with only a "few stars get[ting] . . . above-market" bonuses.
  • This "incredibly well managed law firm” has not jumped on the non-lockstep compensation bandwagon and still provides strictly lock-step salaries and bonuses.
  • This Texas-based firm has announced it will be moving to a hybrid-lockstep compensation system in 2010, but awarded "better-than-expected" bonuses in 2009.
  • This Washington, D.C.-based firm cut starting salaries to $135,000 in January 2010 but also unfroze previously frozen mid-and senior-level associate salaries.  
  • This firm unfroze salaries in January 2010, awarded year-end market bonuses, and made good on its earlier promise to repay lost 2009 salaries as additional year-end, make-whole bonuses.

Additional compensation highlights, which will interest readers who are either (1) researching firms to work for or (2) involved in setting comp at their own firms, appear after the jump.

double red triangle arrows Continue reading “Career Center: Show Me The Money”

Career Center AboveTheLaw Lateral Link ATL.jpgWe are pleased to announce the launch of our newly re-developed Career Center, featuring an enhanced design and completely updated firm profiles based on the results of the 2010 ATL / Lateral Link Career Center Associate Satisfaction survey.

Are you curious which firms are getting the most buzz? Which firms do people most want to work for? Want to compare firms on compensation, billable hours, partnership prospects, summer programs, maternity leave, etc.? Check out the revamped Career Center, powered by Lateral Link, for user generated insider information, and see how your colleagues and peers rank your firm and others. It’s like Yelp! for law firms!

On the updated Career Center, you will find out that this firm’s compensation includes a unique bonus program for associates who attract new business to the firm, this firm considers associates for partnership after a “refreshingly brief” four to seven years at the firm, and this firm’s unlimited pro bono policy results in its lawyers averaging over 160 pro bono hours annually.

We are still working out a couple bugs here and there so if you see any errors (in the site or the data), please email us.  As always, we encourage you to send information about your law firm experience by emailing us or by clicking the "Update Firm Data" button in each firm snapshot.

A quick word of thanks to this week’s advertisers on Above the Law:

If you’re interested in advertising on Above the Law or any other site in the Breaking Media network, download our media kits, or email advertising@breakingmedia.com. Thanks!

thank you post it note.JPGA quick word of thanks to this week’s advertisers on Above the Law:

If you’re interested in advertising on Above the Law or any other site in the Breaking Media network, download our media kits, or email advertising@breakingmedia.com. Thanks!

thank you post it note.JPGA quick word of thanks to this week’s advertisers on Above the Law:

If you’re interested in advertising on Above the Law or any other site in the Breaking Media network, download our media kits, or email advertising@breakingmedia.com. Thanks!

thank you post it note.JPGA quick word of thanks to this week’s advertisers on Above the Law:

If you’re interested in advertising on Above the Law or any other site in the Breaking Media network, download our media kits, or email advertising@breakingmedia.com. Thanks!

thank you post it note.JPGA quick word of thanks to this week’s advertisers on Above the Law:

If you’re interested in advertising on Above the Law or any other site in the Breaking Media network, download our media kits, or email advertising@breakingmedia.com. Thanks!

Career Center AboveTheLaw Lateral Link ATL.jpgOur recent Career Center survey asked about starting salaries and annual salary increases at firms across the country.  Over 70% of respondents indicated that their firms increase salaries during the traditional month of January.  About 8% percent of respondents, including associates at this Midwestern firm, see their salary increase in February.  Another 9%, including associates at these two global firms, get raises in March.  The remaining 12% of respondents indicated that their annual raises come at some later point in the year.  

Check out the full survey results after the jump — and visit the Career Center, powered by Lateral Link , for more on changing compensation practices at firms across the country. If you are an employer seeking more detailed information on firm salary scales please contact T.J. Duane at tjduane@laterallink.com.

Full survey results, after the jump.

double red triangle arrows Continue reading “Career Center: When Do You Get a Raise? Survey Results”

thank you post it note.JPGA quick word of thanks to this week’s advertisers on Above the Law:

If you’re interested in advertising on Above the Law or any other site in the Breaking Media network, download our media kits, or email advertising@breakingmedia.com. Thanks!

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