One day after Ropes & Gray kicked off the Boston-based feeding frenzy, Goodwin Procter limped into a pay raise for its associates. Sure Goodwin has to publicly own the fact that it’s not the leader in its marketplace, but hey, “There’s No Shame In Finishing Second” was the motto of the Boston Red Sox for nearly 100 years, right?
Goodwin obnoxiously sent out its memo after 8 tonight. One can only assume these firms holding their announcements to the end of the day think they’re maximizing productivity by keeping the associate distractions until after official close of business. What they fail to understand is this coy maneuver isn’t helping because every minute they delay is just one more minute those associates spend furiously refreshing Above the Law.
In any event, here’s what Goodwin has to say:
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So the summers see the full advantage of the jump, but what’s up with the Class of ’08 and beyond? Hopefully everyone up there falls into a more favorable compensation bucket off this grid.
Oh and for the record, Goodwin’s U.S. offices include New York, Los Angeles, San Francisco, Silicon Valley, and D.C. No word on anyone in London, Frankfurt, or Hong Kong.
Congratulations to all.
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Remember, when your firm matches, please text us (646-820-8477) or email us (subject line: “[Firm Name] Matches Cravath”). Please include the memo if available. You can take a photo of the memo and send it via text or email if you don’t want to forward the original PDF or Word file.
Earlier: How You Like Them Apples? The First Boston Firm Decides To Raise Associate Salaries
Joe Patrice is an editor at Above the Law and co-host of Thinking Like A Lawyer. Feel free to email any tips, questions, or comments. Follow him on Twitter if you’re interested in law, politics, and a healthy dose of college sports news.