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associate salaries

Revenue and Profits Down at Goodwin Procter

Goodwin Procter's gross revenues fell 4% in 2009 to $658 million and per partner profits dropped 3% to $1.27 million.…

Hughes Hubbard Increased Revenues and Profits for 2009

2009 was a bad year for the economy and the legal sector took its share of licks, but there are…

Vinson & Elkins Issues Bonuses and Raises

Vinson & Elkins associates are having their salaries thawed out and returned to where they would have been without the…

Morning Roundup

Good morning! Today is Tuesday, January 26, and here's your morning roundup... A Pepper Hamilton Partner is the lead investor…

Hughes Hubbard Thaws Salaries, Issues Bonuses

Hughes Hubbard is thawing out salaries and junior associates are getting a double bump, placing them where they would have…

Cooley Godward Salary Thaw, and is there a Market Rate Anymore?

Cooley Godward has lifted last year's salary freeze, sort of. First years will continue to make $160k, which puts them…

Merit Based Pay at Drinker Biddle

Drinker Biddle is moving to a merit based pay system, becoming the latest in a string of major law firms…

Dickstein Shapiro Abandoning Lockstep

The lockstep march away from lockstep compensation continues unabated as 2010 gets into full swing. The latest firm to join…

Salary Cuts at Kaye Scholer

Kaye Scholer is cutting first year associate salaries to $145k, but unlike many other firms they aren't doing it under…

Salary Cut at Pillsbury Winthrop

Pillsbury's first year associates outside of New York are receiving a salary cut, down to $145k. Any first year that…

Weil Gotshal Bonuses

Weil Gotshal is paying most of its associates on the Sullivan & Cromwell scale - $7500 for the first years…

Salary Thaw at Akin Gump

Akin Gump has lifted its salary freeze and is planning to pay out bonuses, according to a memo sent out…