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associate compensation

Weil Gotshal Bonuses

Weil Gotshal is paying most of its associates on the Sullivan & Cromwell scale - $7500 for the first years…

Wachtel Lipton Bonuses

Wachtel Lipton pays bonuses as a percentage of base salary, with some variance in percentage based on year. Two years…

Salary Thaw and Bonuses at Hogan & Hartson

First a little background: Hogan & Hartson pays associates on a two tier system, where associates can choose to receive…

Partial Salary Thaw at Fulbright

2009 salaries and bonuses at Fulbright have been frozen at the 2008 level. According to tipsters in the Washington DC…

Kelley Drye Trifecta – Abandon Lockstep, Freeze Salaries, Pay Bonuses

In a firm wide email sent out yesterday, Kelley Drye managed to fold what would typically be three different stories…

Stroock Pays Bonuses, Lifts Salary Freeze

Stroock is handing out bonuses this year, and like so many before them, they're paying on the Cravath schedule. That…

Seyfarth Shaw Abandons Lockstep

Like many firms before it, Seyfarth Shaw is abandoning lockstep starting in 2011. Details haven't been released, not even to…

Sonnenschein Abandons Lockstep and Cuts Staff

There are two unconnected stories coming out of Sonnenschein today. The first is that the firm has made staff cuts…

DLA Piper Abandons Lockstep

DLA Piperhas joined the lockstep march away from lockstep compensation. In a memo today, the firm outlined its new associate…

One Essex Court Raises Trainee Salaries

The 2010 incoming trainee class at London's One Essex Court will be paid £60,000 ($99,550) per year, or a £15,000…

Mintz Levin Lays Off Associates, Staff

Boston's Mintz Levin has laid off an undisclosed number of attorneys and staff. Blawgs are reporting that 15 associates were…

NALP: For Associate Salaries, It’s All Downhill From Here

A survey by the National Association for Law Placement says that law firm associate salaries, generally on the rise since…