
Will my firm raise my salary?!?!?
It has been exactly one month since Cravath tried to break our tiny ‘lil corner of the internet by announcing a new compensation scale for associates, raising salaries for first-year associates to $180,000 and giving more senior associates a raise between $20,000 and $35,000, depending on class year. In the days that followed, over 100 other firms raised salaries, the majority of which have matched the MoneyLaw scale.
Which is all well and good for those that have gotten raises to market scale, but there were some tense times as associates worried whether their firm would pony up the big bucks. Here at Above the Law, we made an editorial decision to bring you all of the salary news as it happened, confident that our audience was very interested in the information. And we were right; you were desperate for the latest in the salary wars, as it turned out. We received emails from a flood of readers expressing their gratitude that our coverage was putting pressure on firms that hadn’t yet increased pay.
How Innovative Legal Teams Are Turning AI From Promise To Practice
In recent years, AI has moved beyond speculation in the legal industry. What used to be hypothetical is now very real.
But which firms were the most interested in the latest on associate compensation? We took a look at the traffic analytics for Above the Law over the last month to determine which Biglaw firms had the most users visit the site, and the results are interesting to look at.
Now, the below is not a perfect list — plenty of employers hide the names of their networks so they cannot be captured by our statistics or their networks are named after their service providers, instead of the name of the firm, and can’t be traced. And no, this doesn’t capture associates that visit ATL from their personal networks. But it is meant to be fun, and give us a brief glimpse into how much the Cravath raises shook Biglaw.
Remember it’d been almost a decade since there’d been any movement on associate salaries, and the industry was ripe for some big changes. So here are the top 25 Biglaw firms, ranked by visits to Above the Law since the associate raises were announced:
- Sidley Austin
- Jones Day
- Kirkland & Ellis
- Davis Polk & Wardwell
- Gibson Dunn & Crutcher
- Dechert
- Skadden Arps
- Mayer Brown
- Paul Weiss
- WilmerHale
- Proskauer Rose
- Goodwin Procter
- O’Melveny & Myers
- Covington & Burling
- Paul Hastings
- Pillsbury
- Latham & Watkins
- King & Spalding
- Morrison & Foerster
- Debevoise & Plimpton
- Arnold & Porter
- Cooley
- Quinn Emanuel
- K&L Gates
- Foley & Lardner
3 Ways Lawyers Are Finding New Efficiencies With AI
Those who’ve adopted legal-specific systems are seeing big benefits.
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).