Another Biglaw Firm Matches Market Salaries... Kinda

Associates don't seem happy.

When a Biglaw firm only announces raises for first-year associates and leaves the rest of the firm on the precarious ground known as “individualized compensation,” everyone but the most naïve gets a little worried. Even if you work hard — and who in Biglaw doesn’t work hard — there’s no guarantee you’ll make the same salary your peers at other firms are taking home.

That concern is underlying the frustration we at Above the Law are hearing from associates at Troutman Sanders. The firm has announced raises for first-year associates — effective September 1 — but the rest of the associates have to settle for individualized comp. Oh, and the mid-year bonuses some firms have been giving out? Yeah, Troutman associates won’t be seeing any of that money. Told you folks there are pissed:

Associates firm wide are thoroughly frustrated there are no bonuses and no clarity on salaries other than starting.

First-year salaries at the firm will vary depending on location, with New York, Chicago, California, and Washington,[ D.C. coming in at the highest level of $190,000:

And if those individualized compensation meetings don’t go as associates like, well, tipsters there think they’re likely to be receptive to calls from recruiters:

Revenues are at an all time high yet Troutman still is playing games with associate compensation. NY, CA, DC, Chicago are thoroughly pissed. Many associates have already left the firm for market salaries in those areas. Time to compete Troutman.

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(Read the full email from the firm on the next page.)


headshotKathryn Rubino is a Senior Editor at Above the Law, and host of The Jabot podcast. AtL tipsters are the best, so please connect with her. Feel free to email her with any tips, questions, or comments and follow her on Twitter (@Kathryn1).

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