Another Biglaw Firm Gets On Board With The $415K Associate Salary Scale
A new market standard emerges!
Raises are in the air! Biglaw firms are busy increasing associate compensation, and the most recent firm to do so is Cahill Gordon & Reindel.
The firm is known for giving associates a little something extra when bonus time rolls around, so it isn’t a shock that Cahill is moving to the new industry standard for base compensation. Cahill wants to show its associates that they’re appreciated and they have the cash to do so!
The new salary scale at the firm is as follows:
The raises are retroactive to January 1. You can read the full memo on the next page.
Remember everyone, we depend on your tips to stay on top of important bonus updates, so when your firm matches, please text us (646-820-8477) or email us (subject line: “[Firm Name] Matches”). 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 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. Thanks for all of your help!
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).
