Biglaw

Big Firm, Big Raises

All the cool Biglaw firms are doing it.

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Yup, yup, yup, another Biglaw firm has joined the new compensation market standard. The only question is which firm? After all, it’s only been a week since the Biglaw raise train left the station, and at some firms, it takes a minute until they can match. But match they will — at least if they want to stand a chance to retain and recruit the best attorneys out there.

Unsurprisingly, Simpson Thacher can now be counted as a firm paying its associates at the top of the market. After all, they’re currently ranked 14th on the Am Law 100 with  $1,844,627,000 in gross revenue last year.

As of July 1, the new salary grid at Simpson will be as follows:


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.

And if you’d like to sign up for ATL’s Bonus Alerts (which is the alert list we’ll also use for salary announcements), 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.

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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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