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The First Biglaw Agency To Match Cravath’s Mega-Cash Wage Scale

The First Biglaw Agency To Match Cravath’s Mega-Cash Wage Scale


Cravath waited a superb and very long time to make a wage transfer, upping the ante to $ 415,000 for its most senior associates after Milbank and Davis Polk had already gotten dozens of corporations to observe their lead. We puzzled for a quick second yesterday how lengthy it will take for different Biglaw corporations to step up and match Cravath’s extremely beneficiant money compensation for associates. The reply was apparently not lengthy in any respect.

Quinn Emanuel – a agency that introduced in $ 1,301,077,000 gross income in 2020, placing it in twenty eighth place in the latest Am Regulation 100 rating – introduced that it will be matching Cravath yesterday afternoon, shortly after the compensation chief raised the stakes for Biglaw salaries. That is what affiliate pay will now appear to be for attorneys on the powerhouse litigation agency:

  • Class of 2021: $ 215,000
  • Class of 2020: $ 225,000
  • Class of 2019: $ 250,000
  • Class of 2018: $ 295,000
  • Class of 2017: $ 345,000
  • Class of 2016: $ 370,000
  • Class of 2015: $ 400,000
  • Class of 2014: $ 415,000

As with nearly all prior bulletins, Quinn Emanuel is making these raises retroactive to January 1, and associates can count on to see their new salaries of their March 31 paychecks. Congratulations!

(Flip to the subsequent web page to learn the complete memo from Quinn Emanuel.)

Bear in mind everybody, we rely in your tricks to keep on high of these items. So when your agency matches, please textual content us (646-820-8477) or e mail us (topic line: “[Firm Name] Matches ”). Please embrace the memo if obtainable. You’ll be able to take a photograph of the memo and ship it by way of textual content or e mail if you do not need to ahead the unique PDF or Phrase file.

And if you happen to’d like to enroll in ATL’s Bonus Alerts (which is the alert checklist we’ll additionally use for wage bulletins), please scroll down and enter your e mail deal with within the field under this submit. For those who beforehand signed up for the bonus alerts, you do not want to do something. You’ll obtain an e mail notification inside minutes of every bonus announcement that we publish.


Staci Zaretsky is a senior editor at Above the Regulation, the place she’s labored since 2011. She’d love to listen to from you, so please be happy to e mail her with any suggestions, questions, feedback, or critiques. You’ll be able to observe her on Twitter or join along with her on LinkedIn.


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