These Biglaw Firms Have 'No Choice' But To Give Associates Cravath Money
The quest to remain 'elite' means more money on the table for associates.
The elite firms have no choice—they have to match. This is just cost of entry.
— Janet Stanton, a partner at law firm management consultancy Adam Smith Esq., commenting on the top Biglaw firms that have already matched Cravath’s recently announced salary scale for associates, which ranges from $215,000 to $415,000.
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.
