Home

Orrick Moves Away From Lockstep
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Orrick presented its new compensation plan to its associates today, and there was much rejoicing. Unlike many firms that cut base salaries with discretionary bonuses, Orrick kept the $160k starting salary for first year associates. After that associates will be arranged in three tiers, associates, managing associates and senior associates. The three tier system is something we’ve seen from several firms that have abandoned lockstep this year, but Orrick also has multiple pay scales within each tier. At the high end, senior associates will pull down a base salary of $250k, plus bonuses. In addition, Orrick says it will pay bonuses at market rate plus an additional discretionary amount of 5-15%, depending on tier. This is a very competitive structure and should make Orrick a strong competitor for recruitment. The salary changes will begin in 2010 but the firm says it will pay bonuses for 2009 based on this structure.



 

RELEVANT JOBS

Associate Attorney

USA-FL-Jacksonville

1+ years practicing lawyer and a separate position for a paralegal / legal assistant with experience...

Apply now

Litigation Employment Attorney (Remote)

USA-CA-Burbank

We are a small and highly respected Los Angeles based litigation defense firm specializing in employ...

Apply now

Legal Assistant

USA-CA-Tarzana

Legal Assistant Compensation DOE Sole practitioner civil litigation law office in Tarzana look...

Apply now

Senior Family Law Attorney (Hybrid Remote)

USA-TX-San Antonio

Modern Family Law is in the business of helping people move on peacefully with the rest of their liv...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Venture Capital Attorney

USA-CA-San Diego

San Diego office of a BCG Attorney Search Top Ranked Law Firm seeks corporate business attorney with...

Apply Now

Real Estate Attorney

USA-CA-San Diego

San Diego office of a BCG Attorney Search Top Ranked Law Firm seeks transactional real estate attorn...

Apply Now

Experienced Health Care Attorney

USA-ME-Portland

Portland office of a BCG Attorney Search Top Ranked Law Firm is seeking health care attorney with 5-...

Apply Now

SEARCH IN ARCHIVE

To Top