Associate Salaries

Profits Per Partner At Top-Ranked Law Firms That Have Not Raised Salaries For Associates

Why haven't these firms raised salaries?

greed avarice dollarsDay after day, additional law firms continue to fall in line and raise associate base salaries to match the new $180K scale, a trend that was started three weeks ago by Cravath Swaine & Moore on June 6, 2016. Day after day, we continue to receive complaints from associates at firms that have either refused to budge on compensation or remained silent, perhaps hoping that their associates haven’t learned that they’re still receiving salaries that are woefully below the market scale.

Today, we will show you exactly which firms have failed to make a move with regard to base salaries for associates. This new listing includes each firm’s most recent Am Law ranking, most recent Vault ranking, and most recently reported profits per partner. After almost a month of other firms’ partners spreading the wealth among their associates, if you see that your firm is listed here, then perhaps it’s time to consider a lateral move.

Firm Am Law 100 Rank ’16 Vault 100 Rank ’17 Am Law 200 PPP Rank ’16
Norton Rose 10 73 158: $600K
Squire Patton 30 78 123: $850K
Wachtell 37 2 1: $6.6M
Perkins Coie 42 56 85: $1.10M
Holland & Knight 43 64 70: $1.25M
Foley & Lardner 49 72 81: $1.13M
McGuireWoods 52 81 89: $1.05M
Bryan Cave 56 71 129: $810K
Seyfarth 58 88 92: $1.02M
Hunton & Williams 62 82 101: $950K
Littler 63 96 195: $430K
Fragomen 65 N/A 39: $1.85M
Troutman Sanders 67 N/A 99: $970K
Faegre Baker 68 N/A 130: $800K
Nixon Peabody 71 67 109: $910K
Duane Morris 72 95 112: $900K
Kilpatrick Townsend 73 N/A 105: $930K
Drinker Biddle 75 100 130: $800K
Jackson Lewis 76 N/A 158: $600K
Lewis Brisbois 77 N/A 121: $860K
Ogletree Deakins 80 N/A 149: $660K
Pepper Hamilton 82 92 91: $1.03M
Fox Rothschild 85 94 128: $820K
Barnes & Thornburg 91 N/A 117: $880K
Mintz Levin 92 91 87: $1.07M
Blank Rome 94 89 115: $890K
Cozen O’Connor 95 N/A 138: $750K
Ballard Spahr 96 N/A 158: $600K
Akerman 97 N/A 146: $680K
Dorsey 98 N/A 158: $600K
Baker Donelson 99 N/A 186: $490K

Staci Zaretsky is an editor at Above the Law. Feel free to email her with any tips, questions, or comments. Follow her on Twitter or connect with her on LinkedIn.