Top-Ranked Biglaw Firm Announces Market Raises, But Only For Associates In Some Offices
Oof. Associates who won't be receiving DPW matches are likely upset.
Biglaw firms are racing to match the new market salary scale for associates, and we’ve gotten to the point today where as each hour passes, another firm announces that it’s decided to increase salaries. Which is the latest firm to make it rain on associates?
It’s Norton Rose Fulbright, a firm that came in at No. 13 on the most recent Am Law 100 ranking, taking home $1,877,933,000 gross revenue in 2020. The firm is of course matching the prevailing Davis Polk salary scale — but only in some of its offices. If you recall, the firm did the same thing when it came to its special bonuses (and was one of the only firms to do so), offering payouts on a “regional scale” in some of its smaller markets. This is what associates in the firm’s California, New York, Texas, and D.C. offices will be earning come July 1:
- 2021: $202,500
- 2020: $205,000
- 2019: $215,000
- 2018: $240,000
- 2017: $275,000
- 2016: $305,000
- 2015: $330,000
- 2014: $350,000
- 2013: $365,000
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What will associates in the firm’s other offices — in Denver, St. Louis, and Minneapolis — be earning? We assume those payouts will also be made on a “regional scale,” just like Polsinelli announced earlier in this raise cycle.
Congratulations to (almost) everyone at the firm on their new market salaries. For those in smaller markets, just remember, any raise is better than no raise!
(Flip to the next page to see the memo from Norton Rose Fulbright.)
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Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.
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