Biglaw Firm Plays Ball On Associate Salaries
So these mo#he3f*ck3rs have increased associate salaries.
Mo#h3rf*ck3r. Don’t worry, it doesn’t sting because they call themselves MoFo. Even though it is late in the day (at least on the East Coast), it’s official! Morrison & Foerster has moved over to the Cravath scale for all U.S. associates.
The effective date of the increases is July 1, as has been the industry standard, and the classes of 2015 and 2016 will both be bumped to $180,000.
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UPDATE 6/14/16 11:46am: Summer associates will be getting pay raises as well!
We are covering this story as market conditions develop, so please drop us a line — text (646-820-8477) or email (subject line: “[Firm Name] Matches Cravath”) — when you know of another firm making a compensation move. 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. All sources are kept strictly confidential.
Kathryn Rubino is an editor at Above the Law. Feel free to email her with any tips, questions, or comments and follow her on Twitter (@Kathryn1).
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