Another Biglaw Firm Wows with Big Money Raises
“Despite the fact that a pandemic raged throughout 2021, all signs point to it being an excellent year in Biglaw. In fact, the biggest problem for firms seems to be making sure they have enough talent to handle all the work they’re getting. Towards that end making sure associates are well compensated,” reports Kathryn Rubino in Above The Law.
“So, yes, associate compensation has been bonkers this year, with raises running through the industry. The latest firm to announce raises is Foley Hoag, ranked 136th on the Am Law 200, with $232,079,000 in 2020 gross revenue. Like so many other firms, these raises are retroactive to January 1. The new compensation grid at the firm is.”
