Home

Merit Based Pay at Drinker Biddle
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Drinker Biddle is moving to a merit based pay system, becoming the latest in a string of major law firms to abandon lockstep compensation. Under the new plan associates in their second year and beyond are broken down into four tiers. Each tier has a baseline salary but the firm is quick to emphasize that final salaries will recognize the individual contributions an associate makes to the firm’s success and could rise well above the minimum salaries. There are also two separate scales for major markets such as New York, and offices in other locations.

Associates in New York, Chicago, Washington DC and California will have base salaries of $145k, $165k, $185k, and $250k depending on tier, with the top tier reserved for those expected to make partner within two years. Outside the major markets, salaries range from $130k to $185k. Abovethelaw.com is reporting that this represents a salary cut for 53% of Drinker Biddle’s associates, but that’s based only on minimum salaries for each tier and may not be reflective of final salaries.

This system applies to associates in their second year and beyond. Drinker Biddle is continuing its new first year program, as reported here. First year associates will undergo extensive training while drawing salaries of $105k, and clients will be charged a reduced rate for any work done by this group.

  
What
Where


Drinker Biddle & Reath LLP was founded in Philadelphia in 1849. The firm has more than 650 attorneys in 12 offices in the US. Its largest offices are in Philadelphia; Chicago; Florham Park, New Jersey; and Washington, DC.



 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Employment Litigation Attorney with 5+ years of experience

USA-CA-Los Angeles

Los Angeles office is seeking a labor and employment litigation attorney with 5+ years of experience...

Apply Now

Capital Markets Staff Attorney with 6+ years of experience

USA-NY-New York City

New York City office is seeking a capital markets staff attorney with 6+ years of experience. Candid...

Apply Now

Attorney with 7-10 years of business litigation experience

USA-CA-Century City

Small to mid-size Century City law firm is seeking an attorney with 7 - 10 years of business litigat...

Apply Now

Trusts and Estates/Tax Attorney with 3+ years of experience

USA-NV-Las Vegas

Las Vegas office of our client seeks trusts and estates/tax attorney with 3+ years of experience. Th...

Apply Now

RELEVANT JOBS

Legal Assistant / Paralegal

USA-PA-York

The York office of Richard R. Reilly, Attorney at Law has an excellent opportunity for a legal secre...

Apply now

Legal Secretary / Assistant

USA-NY-Valhalla

Immediate opening for full time / part time experienced legal secretary in plaintiff\'s personal inj...

Apply now

PERSONAL INJURY PARALEGAL

USA-NY-Brooklyn

Brooklyn plaintiff’s personal injury firm seeks paralegal with 5+ years litigation experience ...

Apply now

Legal Assistant / Paralegal

USA-GA-Atlanta

We are seeking a self-motivated immigration paralegal to join us in a busy but collegial environment...

Apply now

Most Popular

SEARCH IN ARCHIVE

To Top