Elite Law Firm Comes Through With Big Money For Associates
The money's still big at small firms.
Big money isn’t just for Biglaw. One of the stories of the recent salary wars is that elite boutique law firms have been quick to match the prevailing Biglaw scale — even when the larger firms have yet to match. And that’s exactly what’s happening at Holwell Shuster & Goldberg LLP.
It was about 10 years ago that Judge Richard Holwell of the Southern District of New York left the bench and created a litigation boutique along with his former White & Case colleagues, Michael Shuster, Daniel Goldberg, and Dorit Ungar Black. Now Holwell Shuster & Goldberg is ~60 lawyers strong and the associates at the firm are getting raises in line with the Cravath scale.
The new salary grid at the firm is as follows:
The raises are effective April 1. You can 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).
