What could be better than a raise on the Davis Polk scale? A raise that’s even better than the Davis Polk scale!
Tensegrity Law Group, a notable IP litigation boutique, continually impresses with its compensation — we’re talking market-busting bonuses on an annual basis — and now the firm has come in over the top of the prevailing salary scale for associates. Here’s what the new salaries look like at the firm:
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That’s $5,000 more than what’s being offered on the Davis Polk scale for every class year, including an eye-popping $380K payday for the firm’s most senior associates.
As noted in the memo from partner Azra Hadzimehmedovic, the firm will “continue our practice of providing for 100% of your healthcare premiums and contributing to your 401(k) accounts.” Sources say the 401(k) contribution is 3%, fully vested. Sounds like a wonderful place to work.
Congratulations to everyone at Tensegrity Law Group. Your firm may be smaller, but your compensation sure isn’t!
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(Flip to the next page to see the memo from Tensegrity.)
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Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.