New Raises Are Like Catnip For Associates At This Biglaw Firm
What a great way to say thank you to associates -- cold, hard cash!
Look what the cat dragged in — another Biglaw firm raising associate salaries!
The latest firm to increase compensation for hard-working associates is Katten Muchin Rosenman, a firm ranking 67th on the most recent Am Law 100 with $646,601,000 in gross revenue last year. And they’re showing they know what it takes to keep and attract quality attorneys: lots of money.
The firm is matching the scale set by Davis Polk, well, at least through the class of 2014. The new compensation grid, effective July 1, is as follows:
You can read the full memo on the next page.
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Kathryn Rubino is a Senior Editor at Above the Law, and host of The Jabot podcast. AtL tipsters are the best, so please connect with her. Feel free to email her with any tips, questions, or comments and follow her on Twitter (@Kathryn1).