July 3, 2022

{Dollars} is touring near Biglaw correct now, and corporations through the Am Regulation 200 proceed to swoop in to match the Cravath wage scale. With associates now incomes involving $215,000 and $415,000, that’s a superior payday.

A tiny birdie instructed us that probably the most up-to-date group to undertake the Cravath cost program is Alston & Rooster, a agency that’s presently ranked at No. 53 in the newest Am Laws 100. With $851,601,000 gross earnings in 2020, this company can absolutely afford to share its largesse with associates. That is what the brand new wage scale seems to be like on the group:

Alston Bird Raise Scale 2022

It’s nicely value noting, however, that solely folks associates who’re “on scale” will probably be getting these raises. So, what does “on scale” counsel proper right here? A number of the associates we have now learn from look somewhat bit cautious about that language. The memo from the group seems to be somewhat bit obscure, if we’re remaining sincere.

Are these raises tied to hours? Are these raises discretionary? Might this be a match in title solely? Alston & Hen associates, we’re counting on you to allow us know. Bear in mind to succeed in out to us give us your viewpoint on these raises. Your opinions might receive their manner into an replace (anonymously, of system).

Congrats to everyone on the group who might presumably (or couldn’t) be getting raises.

(Flip to the following web site web page to see the memo from Alston & Chook.)

Bear in mind everybody, we rely in your concepts to proceed to be on main of these items. So when your agency matches, it is best to textual content us (646-820-8477) or e-mail us (topic line: “[Firm Name] Matches Cravath”). Be sure to embrace issues just like the memo if available. You may get an image of the memo and ship out it by way of textual content material or email correspondence if you happen to actually don’t need to ahead the genuine PDF or Phrase file.

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Staci ZaretskyStaci Zaretsky is a senior editor at Over the Regulation, the place by she’s labored contemplating the truth that 2011. She’d get pleasure from to hearken to from you, so be sure to expertise free to email correspondence her with any suggestions, inquiries, feedback, or critiques. You possibly can comply together with her on Twitter or hook up together with her on LinkedIn.

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