Kilpatrick Stockton will cut associate salaries by 10%, effective July 1st. So, Happy Independence Day!
Starting pay for associates will be cut from $145,000 to $130,000 in Atlanta and North Carolina, and from $160,000 to $145,000 in New York and Washington DC.
The pay cuts reverse salary increases made in the beginning of 2008. They affect all 200 US associates, except a few first years. And associates can offset the salary decrease by earning bonuses.
Kilpatrick Stockton employs more than 500 attorneys globally, in Atlanta and Augusta, Georgia; Charlotte, Raleigh and Winston-Salem, North Carolina; New York, New York; Washington, DC; Dubai, UAE; and Stockholm, Sweden.