Today’s rash of announcements is testing my commitment to headline wordplay. But you haven’t bested me yet, law firm universe!
Schulte Roth & Zabel, Am Law’s number 90 this year with $444,700,000 in gross revenue, just announced salary increases and unsurprisingly, the firm is matching the Davis Polk scale.
With one significant exception…
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| 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 |
Yes, there’s a class of 2012 in there.
Most firms are capping the new scale at $365K for “2013 and senior” with only — I believe — Gunderson bucking that trend and giving an additional bump to the ninth-years. Beyond that, salaries are individually determined.
Congrats, everyone. The full memo is here.
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