Biglaw Firm Matches Davis Polk Salary Scale For Associates
// Biglaw firm after Biglaw firm after Biglaw firm made salary announcements today, and this one from Jenner & Block — a firm that brought in $446,295,000 gross revenue in 2020, putting it in 88th place in the most recent Am Law 100 ranking — came in juuuuuust before Cravath announced even bigger and better cash compensation for its midlevels and most senior associates.
Here’s what the previously prevailing Davis Polk salary scale will look like at the firm, retroactive to January 1:
googletag.cmd.push( function() { // Enable lazy loading. googletag.pubads().enableLazyLoad({ renderMarginPercent: 150, mobileScaling: 2 }); // Display ad. googletag.display( "div-id-for-top-300x250" ); googletag.enableServices(); });Congratulations to everyone at Jenner & Block, who will now be kept waiting and wondering if the firm will match the latest largesse out on the market.
(Flip to the next page to read the full memo from Jenner & Block.)
googletag.cmd.push( function() { // Enable lazy loading. googletag.pubads().enableLazyLoad({ renderMarginPercent: 150, mobileScaling: 2 }); // Display ad. googletag.display( "div-id-for-middle-300x250" ); googletag.enableServices(); }); googletag.cmd.push( function() { // Enable lazy loading. googletag.pubads().enableLazyLoad({ renderMarginPercent: 150, mobileScaling: 2 }); // Display ad. googletag.display( "div-id-for-storycontent-440x100" ); googletag.enableServices(); }); googletag.cmd.push( function() { // Enable lazy loading. googletag.pubads().enableLazyLoad({ renderMarginPercent: 150, mobileScaling: 2 }); // Display ad. googletag.display( "div-id-for-in-story-youtube-1x1" ); googletag.enableServices(); });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.
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Originally posted on: https://abovethelaw.com/2022/02/jenner-raise-2022/