News and Events for Attorneys and Executives

Elite Firm Blows Right Through Going Market Rate for Associates

By on July 13, 2018 in Employment, Law Firm Management

California litigation boutique Dovel & Luner waited more than a month after big law firms started raising salaries for associates before topping everyone else with a first-year pay rate of $215,000.

Above the Law reports that the firm is “a California litigation boutique that specializes in plaintiff-side litigation on a contingency fee basis. The firm has eight lawyers (two of whom are associates), but if you look at their bios, you’ll see a glittering array of top law schools, elite clerkships, and leading Biglaw firms in their backgrounds.”

Their rate for sixth-year associates is $330,000, according to editor Staci Zaretsky.

And Dovel & Luner associates can count on bonuses based on the firm’s success, sometimes rising to as much as $700,000.

Read the Above the Law article.