Second Round Of Raises At Biglaw Firm
Mo' money mo' problems? Not in Biglaw.
Well, Cadwalader was the first Biglaw firm to match the Milbank raises last month. And now that Davis Polk has come over the top of those numbers — well, at least for mid-level and senior associates — CWT isn’t going to be caught flat footed.
As per an announcement sent earlier today, this is the new compensation grid at CWT:
| Class of 2021 | $215,000 |
| Class of 2020 | $225,000 |
| Class of 2019 | $250,000 |
| Class of 2018 | $293,500 |
| Class of 2017 | $335,000 |
| Class of 2016 | $360,500 |
| Class of 2015 | $381,000 |
| Class of 2014 | $396,500 |
| Class of 2013+ | $406,500 |
This new round of raises will also be retroactive to January 1. Read the full memo 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).
