Elite Firm Blows Right Through Going Market Rate for Associates
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.
