If you thought the Biglaw market was quick to match Davis Polk, then you better buckle up, because these Cravath salary matches are coming in fast and furious. The second Cravath match comes from a firm that is no stranger to this raise rodeo — in fact, this is the third time the firm has issued an announcement about raises since January.
McDermott Will & Emery was the second firm to match Milbank, one of the first to match Davis Polk, and is now the second firm to match Cravath. Associates must be pleased as punch that their firm is quick to match when it comes to their compensation.
Here’s what the latest new salary scale looks like at McDermott:
The firm’s second re-raise is retroactive to January 1. Congratulations, again!
(Flip to the next page to read the full memo from McDermott Will & Emery.)
Remember everyone, we depend on your tips to stay on top of this stuff. So when your firm matches, please text us (646-820-8477) or email us (subject line: “[Firm Name] Matches”). Please include the memo if available. You can take a photo of the memo and send it via text or email if you don’t want to forward the original PDF or Word file.
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Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.