Biglaw

It's Apparently A Great Day To Get A Raise In Biglaw!

#BishBettaHaveMyMoney

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Seriously. Shearman & Sterling didn’t waste all of its money destroying its own logo, because it is now the fourth Biglaw firm of the day to announce the fact that it has adopted the new $190K salary scale. All U.S. Track associates and all summer associates at the firm will see their salaries increase in the July 13 pay period.

This is what the new salary scale will look like at the firm:

  • Class of 2017: $190,000 / $5,000
  • Class of 2016: $200,000 / $7,500
  • Class of 2015: $220,000 / $10,000
  • Class of 2014: $255,000 / $15,000
  • Class of 2013: $280,000 / $20,000
  • Class of 2012: $305,000 / $25,000
  • Class of 2011: $325,000 / $25,000
  • Class of 2010+: $340,000 / $25,000

A sassy Shearman associate said it best with regard to the firm’s new salary scale:

Shearman is now 190 with bonus. After that multimillion-dollar re-branding effort it would have been fake news, an American tragedy if they didn’t pay me what they owe me. I’m very expensive, I know my worth. #BishBettaHaveMyMoney

Remember everyone, we depend on your tips to stay on top of important salary updates, so when your firm matches, please text us (646-820-8477) or email us (subject line: “[Firm Name] Raises Salaries”). 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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(Flip to the next page to see Shearman & Sterling’s raise memo in full.)

Staci ZaretskyStaci Zaretsky has been an editor at Above the Law since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.

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