Biglaw Firm Raises Salaries Again, This Time To Match Cravath

It's time to count the Cravath cash.

alarm clock with dollar symbol on clockface. Time is money

(Image via Getty)

Associates at some Am Law 100 firms are getting anxious when it comes to their compensation. Cravath came out with its generous new salary scale more than a month ago, and dozens of Biglaw firms have already matched. Why hasn’t your firm made its move?

Associates at Jenner & Block — a firm that brought in $446,295,000 gross revenue in 2020, putting it in 88th place in the most recent Am Law 100 ranking — don’t have to ask themselves that question. If you recall, the firm announced a Davis Polk match juuuuust before Cravath made its grand entrance to the 2022 salary wars. Sources now tell us that the firm actually matched Cravath about a month ago, on March 7.

This is what the salary scale now looks like at Jenner & Block:

Jenner Block Re-Raise Scale 2022

These raises were retroactive to January 1. Congratulations!

Remember everyone, we depend on your tips to stay on top of this stuff. So when your firm matches, please text us (646-820-8477) or email us (subject line: “[Firm Name] Matches Cravath”). 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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Staci ZaretskyStaci 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.


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