Elite firm Offers huge Money To satisfied Associates
Elite Firm Offers Big Money To Delighted Associates
Good news for folks eagerly tracking the associate raises making their way around the legal industry – they’re not over yet!
The latest firm to spread the love (read: money) is D.C.-based litigation boutique Wilkinson Stekloff. They recently announced to associates that they too would be getting raises set to the Cravath scale. In reality, it isn’t a surprise – the firm has proven in the past it has what it takes to meet (or even beat) Biglaw compensation.
Here’s the new compensation scale at the firm:
A tipster at the firm noted this is actually they second set of raises at the firm – in late February, they matched the then-prevailing market rate, and upped the comp number last week to match the new standard. Our source noted, “Associates continue to be pleased that Firm leadership acknowledges and rewards their contributions.”
Counsel compensation will be individualized and communicated separately. These raises will be retroactive to January 1. You can read the memo on the next page.
*** Wondering if the grass is greener on the in-house side? Click here for a look inside the black box of corporate counsel pay in our 2021 In-House Compensation Report. ***
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Kathryn Rubino is a Senior Editor at Above the Law, host of The Jabot podcast, and co-host of Thinking Like A Lawyer. AtL tipsters are the best, so please connect with her. Feel free to email her with any tips, questions, or comments and follow her on Twitter ().
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