#associate compensation

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Above the Law
3 months ago
Law

Is A Biglaw Firm Pulling A Bait And Switch On Associate Bonuses?

A major Biglaw firm changed the requirements for bonuses at the last minute
Associates were ranked against others in their class years for hours and payouts [ more ]
Above the Law
4 months ago
Law

Latest Biglaw Firm To Raise Associate Salaries Proves Compensation Hikes Aren't Just For The Biggest Firms

Biglaw firms are matching the new associate compensation scale started by Milbank and Cravath
Even smaller firms like Choate Hall are keeping up with the big firms on salaries [ more ]
Above the Law
4 months ago
Law

Yet Another Boutique Firm Matches Cravath On Salaries, Makes It Rain With Associate Bonuses

Boutique firms are competing with Biglaw in associate compensation.
Hueston Hennigan has adopted the Cravath scale for its salary increases. [ more ]
Above the Law
5 months ago
Law

Boutique Firm Hands Out Biglaw Bucks To Associates

Boutique law firms are offering competitive salaries to their associates, comparable to or exceeding those offered by larger firms.
Massumi + Consoli LLP, a Los Angeles-based firm specializing in private equity and M&A deals, recently announced raises for associates. [ more ]
Above the Law
5 months ago
Law

Boutique Firm Matches Biglaw Market Salaries And Bonuses - But Only For Certain Class Years

Houston litigation boutique law firm, Ahmad, Zavitsanos & Mensing P.C. (AZA), will match market salaries and year-end bonus scales for its associates
The salary and bonus matches will be applicable to first- through fourth-year associates, with different amounts based on class year [ more ]
Above the Law
5 months ago
Law

Is Your Biglaw Firm 'Ill-Positioned' To Match Cravath's Salary Raises?

The pool of firms following Cravath may shrink this year.
Firms trying to match Cravath's associate compensation raises will face challenges. [ more ]
Above the Law
5 months ago
Law

Matching Milbank Is Incredibly Affordable... Don't Believe Anyone Suggesting It's Not.

Law firms are facing criticism for not matching Milbank's $10,000 base compensation increase for associates.
The cost of a match for firms like Cravath and Davis Polk is relatively small compared to their revenue.
Biglaw firms have the financial means to raise associate salaries without significant impact on partner profits. [ more ]
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