Top 50 Biglaw Firm Announces Big-Money Raises for Associates
“Another day, another announcement made in the 2021 race to raise associate salaries across the Biglaw landscape. There are just a few Am Law top 50 firms that have yet to match the new market salary scale, but one by one, slowly but surely, they’re making salary moves to remain viable as competition to attract and retain associates in this hot lateral market,” reports Staci Zaretsky in Above the Law.
“It’s Perkins Coie, a firm that brought in $1,001,498,000 gross revenue in 2020, which helped it to land at No. 42 in the most recent Am Law 100 ranking. The Seattle-based firm let associates and counsel know yesterday afternoon that salary increases would be coming in July.”