“Shri’ve” been waiting on this one. OK, Shriver isn’t really conducive to this game.
In any event, yes, we’re talking about Fried Frank, who announced associate raises as part of today’s wave of firms that likely held out to see if Cravath was going to spice up this raise cycle even more.
Of course, Cravath opted to merely call the bet on the table opening the floodgates of firm announcements.
Transform Legal Reasoning Into Business-Ready Results With General AI
Protégé™ General AI is fundamentally changing how legal professionals use AI in their everyday practice.
At this point, everyone knows what the salary scale looks like, but as a refresher, here’s what Fried Frank is offering as of July 1.
| Comp Year | Annual Base Pay |
| 2021 | $202,500 |
| 2020 | $205,000 |
| 2019 | $215,000 |
| 2018 | $240,000 |
| 2017 | $275,000 |
| 2016 | $305,000 |
| 2015 | $330,000 |
| 2014 | $350,000 |
| 2013 | $365,000 |
| 2012 | $375,000 |
The firm joins the clutch of employers offering $375K for the class of 2012 and confirms that it will up summer associate pay to match the 2021 scale.
The full memo is available here.
Ready for What’s Next: 5 Ways to Strengthen Economic Resilience
Get five practical tips to spot cash flow red flags early, speed up payments, track spending in real time, and build stronger client trust through clear, transparent billing—download the ebook.
Please help us help you when it comes to salary news at other firms. As soon as your firm’s memo comes out, please email it to us (subject line: “[Firm Name] Salary”) or text us (646-820-8477). 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.
And if you’d like to sign up for ATL’s Salary & Bonus Alerts, please scroll down and enter your email address in the box below this post. If you previously signed up for the bonus alerts, you don’t need to do anything. You’ll receive an email notification within minutes of each bonus announcement that we publish.
Joe Patrice is a senior editor at Above the Law and co-host of Thinking Like A Lawyer. Feel free to email any tips, questions, or comments. Follow him on Twitter if you’re interested in law, politics, and a healthy dose of college sports news. Joe also serves as a Managing Director at RPN Executive Search.