We've now confirmed that Arnold & Porter - a firm that brought in $1,038,782,000 gross revenue in 2022, putting it at No. 49 in the most recent Am Law 100 - has chosen to use the Cravath scale for its compensation increases, meaning these are the salaries associates at the firm will see, as of January 1, 2024: Class of 2023 - $225,000 Class of 2022 - $235,000 Class of 2021 - $260,000 Class of 2020 - $310,000 Class of 2019 - $365,000 Class of 2018 - $390,000 Class of 2017 - $420,000 Class of 2016+ - $435,000
On top of these bonus numbers, associates who billed 2,400-2499 hours will receive an additional 10% bonus; associates who billed 2,500-2,599 hours will receive an additional 15% bonus; and associates who billed 2,600+ hours will receive an additional 20% bonus. That's a nice stack of cash for the firm's hardest workers.
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