Looking To Brighten Your Day? This Biglaw Firm Is Giving Thousands Of Reasons To Smile
Benjamins stretching ear to ear like smiles.
Why get a side gig when you can just have your job pay you more money?
I’m sure that thought has crossed the minds of a couple of attorneys working for Shearman & Sterling, a firm that raked in an impressive $861,026,000 gross revenue in 2020. And now that they’ve decided to match Cravath, the associate share of the earnings is gonna grow a bit. Here’s the scale:
| Class | Base Compensation |
| 1st year | $215,000 |
| 2nd year | $225,000 |
| 3rd year | $250,000 |
| 4th year | $295,000 |
| 5th year | $345,000 |
| 6th year | $370,000 |
| 7th year | $400,000 |
| 8th year | $415,000 |
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Base salaries for counsel will also increase by $50,000.
The monies will be retroactive to January 2nd and should be reflected in paychecks on March 15th.
(Turn to the next page to see the Shearman & Sterling memo.)
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We like hearing about salary increases almost as much as you enjoy spending them. As soon as your firm’s memo comes out, please email it to us (subject line: “[Firm Name] Matches”) or text us (646-820-8477). 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.
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Chris Williams became a social media manager and assistant editor for Above the Law in June 2021. Prior to joining the staff, he moonlighted as a minor Memelord™ in the Facebook group Law School Memes for Edgy T14s. He endured Missouri long enough to graduate from Washington University in St. Louis School of Law. He is a former boatbuilder who cannot swim, a published author on critical race theory, philosophy, and humor, and has a love for cycling that occasionally annoys his peers. You can reach him by email at cwilliams@abovethelaw.com and by tweet at @WritesForRent.
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