Top 25 Biglaw Firm Shares the Wealth With All U.S. Associates
King & Spalding, “the firm, ranked 21st on the Am Law 100 with $1,338,607,000 in 2019 gross revenue, announced special bonuses for associates yesterday. As one would expect from a firm with over a billion dollars in gross revenue, they’ve matched the market standard for associates, set by Davis Polk,” reports Kathryn Rubino in Above the Law’s Biglaw.
“And there’s more good news for associates in the memo, especially those in smaller market offices. The firm also announced that they are moving to a unified compensation and bonus structure for all U.S. associates, so those offices that were not previously on the $190,000 scale will see raises.”