From: “Price, Liz” <[email protected]>
Date: June 29, 2018 at 12:06:09 PM EDT
To: All Associates – A&B <All-Associates-A&[email protected]>
Cc: “Leeson, Emily” <[email protected]>, “Baker, Lauren” <[email protected]>
Subject: Associate Compensation
To All Associates:
We are pleased to announce that, effective July 1, 2018, we are increasing base salaries for on-track Associates and Senior Associates in good standing in all offices. Individual compensation amounts can be accessed here at 2018 Compensation and will be reflected in your July 15 paycheck.
We recognize that some firms are paying mid-year bonuses based on annualized billable hours. As you know, our bonus policy goes beyond billable and pro bono hours to value the total contribution you make to our clients, the firm, and our communities. It provides us with the discretion to award bonuses greater than those that are awarded at the top of the market, which we have consistently done in past years. Please know that our bonus policy remains in full effect. As with this salary adjustment, it will be fair and competitive.
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On behalf of all partners, thank you for your hard work and dedication to our continued success.
Liz