Biglaw Firm Finally Joins The $205K Party

Biglaw, big raises.

More compensation news from the good folks at the newly merged Troutman Pepper: fresh off the news that counsel would be seeing bonuses comes good news for associate salaries.

The firm previously announced special bonuses (and raises) for associates, but that predated the Milbank/Davis Polk set of raises which put them behind the market standard. But fear not, they’ve now moved to the new Biglaw standard in associate compensation — at least for major markets.

The firm’s salary grid now looks like this:

The firm’s full memo is available on the next page.

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Kathryn Rubino is a Senior Editor at Above the Law, host of The Jabot podcast, and co-host of Thinking Like A Lawyer. 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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