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first year associate salary

First-Year Compensation Increases Announced

Summary: The latest round of first-year associate salary increases is continuing with Vinson & Elkins releasing their new compensation rate.…

Two Law Firms Step Forward to Up the Bonus Scale

Summary: One law firm is upping the associate bonus scale amount while another is including more than just associates in…

Year-End Bonuses Not So Happy for All

Summary:  With the numerous announcements from law firms saying they are keeping the same bonus schedule as Cravath, there are…

Law Firms Across the Globe Match Cravath Bonuses

Summary: More than just the big American law firms are matching Cravath’s end-of-year bonus scale for associates. More law firms…

Cravath Keeps Year-End Bonus the Same

Summary: The end-of-year at Cravath Swaine & Moore will be the same as last year despite their first-year associates receiving…

Law Firms Feeling Effects of Raising Salary Rates

Summary: Law firms are reporting the repercussions of raising first year associate salaries up to $180K with a hit to…

Holland & Knight is the Next to Abandon Lockstep

I think it's time for some new terminology. Lockstep compensation referred in the past to associates moving up in pay…