Biglaw

Biglaw Raises Include An Extra Bump For Junior Associates

Newbie associates are doing especially well here.

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It is downright RAINING money in Biglaw. And with $444,400,000 in gross revenue last year, Cahill, Gordon & Reindel is showing they have the cash to keep up — and even do slightly better — than the prevailing Biglaw standard. (Plus the firm has previously signaled they’ll do what it takes to keep valuable associates at the firm, rather than lose them to the lateral market.)

Like some other firms, Cahill has bumped up the class of 2021’s compensation to match the class of 2020. Which, tbh, it was always kinda weird that DPW’s scale broke out the stump year.

The below is the new compensation grid at Cahill, effective July 1:

You can read the full memo on the next page.

Remember everyone, we depend on your tips to stay on top of this stuff. So when your firm matches, please text us (646-820-8477) or email us (subject line: “[Firm Name] Raises”). 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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Kathryn 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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