Biglaw Agency Declares Raises For Anxiously Ready Associates


Business man hand gives money bag to another person.Recent off of getting some flack for not leaping on the Biglaw raises bandwagon quick sufficient, Fenwick & West has introduced raises for its hardworking associates.

The agency, which made $543,079,000 in gross income in 2020 making it 72nd on the Am Regulation 100, announce the compensation change as we speak, after Milbank raised affiliate salaries final month. However regardless of the antsy associates, the agency is definitely on the early facet of matches. Over a month after the primary raises, the bulk of the market has nonetheless not matched.

However the wait is over for Fenwick associates! The brand new wage scale — for attorneys in good standing and on monitor to invoice 1,950 hours — is as follows:

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These raises shall be retroactive to January 1 — the identical efficient date because the Milbank bump — and counsel compensation shall be individualized. You’ll be able to learn the total memo on the subsequent web page.

*** Questioning if the grass is greener on the in-house facet? Click on right here for a glance contained in the black field of company counsel pay in our 2021 In-Home Compensation Report. ***

Keep in mind everybody, we rely in your tricks to keep on prime of vital bonus updates, so when your agency matches, please textual content us (646-820-8477) or e-mail us (topic line: “[Firm Name] Matches”). Please embody the memo if accessible. You’ll be able to take a photograph of the memo and ship it through textual content or e-mail when you don’t need to ahead the unique PDF or Phrase file.

And when you’d like to enroll in ATL’s Bonus Alerts (which is the alert checklist we additionally use for wage bulletins), please scroll down and enter your e-mail tackle within the field beneath this submit. When you beforehand signed up for the bonus alerts, you don’t have to do something. You’ll obtain an e-mail notification inside minutes of every bonus announcement that we publish. Thanks for your whole assist!

Kathryn Rubino is a Senior Editor at Above the Regulation, host of The Jabot podcast, and co-host of Considering Like A Lawyer. AtL tipsters are the perfect, so please join together with her. Be at liberty to e-mail her with any suggestions, questions, or feedback and observe her on Twitter (@Kathryn1).

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