Many BakerHostetler associates have written in complaining that we continue to count BakerHostetler among the ranks of firms that have raised salaries. It’s a fair complaint, but it’s worth noting that we are doing so provisionally.
In our original post, we pointed out that the announcement tips we received were entirely tentative. Basically, we received a few detailed tips that raises of some kind would be coming to bring the firm into line with the market in major offices, but that all details would be hashed out at an upcoming July 15 partner meeting.
So we really don’t know anything about BakerHostetler except an expressed intent to do… something. Is this going to be a $180K and screw the seniors sort of raise? A full match? A partial match in a few offices? We will find out after this meeting next week. We have reason to believe it’s closer to the first option, if only because this best mirrors where BakerHostetler was under ye olde $160K scale, but frankly they could blow up everything next week.
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On the occasion of this countdown, we remind BakerHostetler that by putting a target on July 15, now everyone’s watching. There’s been plenty more water under the associate salary bridge since we first got our clutch of tips. Some firms are making it tempting to water down salaries and brace for lateral impact. And that’s all well and good for those firms.
But does BakerHostetler want to be one of those firms?
(And, yes, I realize the title probably should be “D-Minus 7 Days” but people are so much more familiar with “T-Minus.”)
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.
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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.