Biglaw Firm Announces Raises for Anxiously Waiting Associates
“Fresh off of getting some flack for not jumping on the Biglaw raises bandwagon fast enough, Fenwick & West has announced raises for its hardworking associates. The firm, which made $543,079,000 in gross revenue in 2020 making it 72nd on the Am Law 100, announce the compensation,” reports Kathryn Rubino in Above The Law.
“After Milbank raised associate salaries last month. But despite the antsy associates, the firm is actually on the early side of matches. Over a month after the first raises, the bulk of the market has still not matched. But the wait is over for Fenwick associates! The new salary scale for attorneys in good standing and on track to bill 1,950 hours.”