Another Biglaw Firm Is Showing Associates The Milbank Money

// One by one, Biglaw firms are rushing in to match Milbank’s new salary scale, and the latest firm to do so is Boies Schiller Flexner. The firm is still hangin’ tough in 2022, and the firm has come to play with the members of the Biglaw elite who have anted up to pay their associates the big bucks.

In an email to associates (available on the next page), the BSF confirmed their commitment to staying on top of market compensation. That means associates will be making between $215,000 and $385,000, depending on class year, as base pay for associates in good standing. Here’s Boies Schiller’s new scale:

Class Salary Effective January 1, 2022 2021 $215,000 2020 $225,000 2019 $250,000 2018 $285,000 2017 $325,000 2016 $350,000 2015 $370,000 2014+ $385,000

This new salary scale is effective as of January 1, 2022, and associates will see the cash in their February paychecks. Those associates who have remained on the firm’s forumular compensation system will see an adjustment in their salaries compared to the new salary scale as well.

Congratulations to everyone at the firm!

(Flip to the next page to see the full memo from Boies Schiller.)

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 Milbank”). 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.

And if you’d like to sign up for ATL’s Bonus Alerts (which is the alert list we’ll also use for salary announcements), please scroll down and enter your email address in the box below this post. If you previously signed up for the bonus alerts, you don’t need to do anything. You’ll receive an email notification within minutes of each bonus announcement that we publish.

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.

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2022 Associate Salary Increase, Biglaw, Boies Schiller, Bonus News Alerts, Bonuses, Money