Top 50 Biglaw Firm Matches DPW Scale But Raises Won’t Be Effective Until 2022
“July 1 has come and gone, and Biglaw associates across the country whose firms have matched are now eagerly awaiting their fat new paychecks on the $205K Davis Polk salary scale. Of course, we’ve seen some stragglers when it comes to matching the market, and by that, we mean that a few firms took their time sweet time and decided to announce their matches yesterday,” reports Staci Zaretsky in Above The Law.
“One firm that waited until the eleventh hour to match the new salary scale is really stretching its associates’ patience thin. Not only did partners wait to make their announcement until July 1, but these raises won’t be effective until February 1, 2022, a full seven months after nearly all other firms have instituted their salary increases. But, there is a bright side.”