Biglaw Firm Gives First-Year Associates Raise, Leaves Everyone Else Hanging
Not everyone will share in the wealth.
From: Associates Committee
Date: July 30, 2018 at 5:27:14 PM EDT
Subject: CONFIDENTIAL: Not for Distribution
Base salaries for U.S. offices with entry level associates joining the firm in September and for U.S. offices recruiting at law schools this summer will be set as follows:
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- For our New York, DC, California and Texas offices, the entry level salary will be set at $190,000 per year.
- For our Miami and Richmond offices, the entry level salary will be set at $175,000 per year.
The firm currently is reviewing compensation for all other associates in all of our U.S. markets and will make additional adjustments as appropriate to continue to provide competitive and market-based compensation. These adjustments will be determined on a case-by-case basis taking into account individual performance and all relevant market factors, including any recent adjustments in salary scales announced by peer firms in the applicable market. Any adjustments will be communicated to associates individually by the end of August and implemented retroactive to August 1, 2018.
Thank you for your continued contributions to the firm and commitment to client service.
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