Firm Hands Out Raises And Promises Above-Market Year-End Bonuses
More good bonus news!
Wooboy! The new associate compensation scale is really making the rounds today. And we are seeing it go beyond Biglaw. The latest elite boutique to get in on the action is Selendy & Gay.
Earlier today, the firm announced they were moving compensation onto the scale set by Davis Polk, effective July 1. That means salaries at the firm will be as follows:
| Class | Salary |
| 2021 | $202,500 |
| 2020 | $205,000 |
| 2019 | $215,000 |
| 2018 | $240,000 |
| 2017 | $275,000 |
| 2016 | $305,000 |
| 2015 | $330,000 |
| 2014 | $350,000 |
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But that’s not all. In the announcement, the firm also reiterated its intention to come over the top when year-end bonuses come around.
As you know, earlier this year we announced our intention, once again, to exceed the bonus scale established by other market-leading firms. We anticipate paying year-end bonuses significantly above the 2021 market for all associates who are meeting or exceeding the Firm’s expectations.
You can read the firm’s 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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