Biglaw

Biglaw Firm Moves Into 2018 With $190K Scale Announcement

In more ways than one...

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on

Back in 2016, when Biglaw firms began the drive to a $180K payscale, one firm came out and tried to get their associates to look away from the compensation frenzy and just be happy that they have jobs at all. They ultimately caved to market pressure that year, but managed to avoid joining its Am Law peers in raising salaries in 2018.

Well, as the legal landscape shifts to $205K, Seyfarth Shaw is adopting a scale that looks a lot more like the 2018 norm.

Seyfarth Shaw is 63rd in the Am Law 100 with $717,032,000 in 2020 gross revenue, though its rate structure isn’t quite the same as the firms around it on the list, so it’s not entirely unreasonable that it might not go all the way to the prevailing top Biglaw pay structure.

Here’s the multi-tiered scale structure:

Adding to the time warp aspect, it appears that Seyfarth is joining the trend that other Biglaw firms jumped on back in 2016 and unmooring the top scale from New York. Atlanta, Boston, Chicago, San Francisco, Washington, and both LA offices are going to be paid the same as the New York associates now.

It’s an interesting development considering this cycle has seen a few firms go the other direction and embrace office differentiation.

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So for most Seyfarth associates around the country, this announcement is great news. And they can probably book their $205K scale raise for, I dunno, 2024?

HeadshotJoe Patrice is a senior editor at Above the Law and co-host of Thinking Like A Lawyer. Feel free to email any tips, questions, or comments. Follow him on Twitter if you’re interested in law, politics, and a healthy dose of college sports news. Joe also serves as a Managing Director at RPN Executive Search.

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