Biglaw Firm Raises Salaries Again, This Time Going Up To $425K For Senior Associates
Congratulations on the exciting news!
Look who’s back? Back again! Gunderson’s back. Tell a friend. Silicon Valley powerhouse Gunderson Dettmer — the OG of salary increases — is here with a second raise for its associates.
Last night, managing partner David T. Young notified associates that they would be matching now prevailing Cravath salary scale. Here’s a nice little note from the firm:
[W]e once again thank you for your extraordinary efforts to provide clients with outstanding service, recruit talented new colleagues and contribute to the firm’s growth.
This is what the Cravath cash will look like at Gunderson:
Class of 2021 — $215,000
Class of 2020 — $225,000
Class of 2019 — $250,000
Class of 2018 — $295,000
Class of 2017 — $345,000
Class of 2016 — $370,000
Class of 2015 — $400,000
Class of 2014 — $415,000
Class of 2013 — $425,000
Once again, the firm is offering even higher salaries to its senior associates instead of sticking with $415K across the board for its most experienced attorneys. Only a handful of other firms have done this.
Salary increases at the firm will be retroactive to January 1, and associates will receive catch-up payments at the end of the month.
Congratulations to all U.S. associates at Gunderson!
(Flip to the next page to read the full memo from Gunderson Dettmer.)
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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.
