// The Milbank salary increase — which is more accurately “the latest Milbank salary increase” because Milbank’s always the vanguard on associate compensation — continues to ripple through the ranks of Biglaw.

Now it’s Goodwin, which just announced a full match of what’s becoming the new normal for Biglaw salaries. As a refresher, here’s what Goodwin associates are now looking at:

Class New Salary Class of 2021 $215K Class of 2020 $225K Class of 2019 $250K Class of 2018 $285K Class of 2017 $325K Class of 2016 $350K Class of 2015 $370K Class of 2014+ $385K

January pay will reflect the old scale, but February will see a retroactive bump to this new scale.

Bonuses, announced back in December, will hit direct deposit on January 25.

Congratulations, folks!

*** Wondering if the grass is greener on the in-house side? Click here for a look inside the black box of corporate counsel pay in our 2021 In-House Compensation Report. ***

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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Joe Patrice is a senior editor at Above the Law and co-host of Thinking Like A Lawyer. Feel free to email any tips, questions, or comments. Follow him on Twitter if you’re interested in law, politics, and a healthy dose of college sports news. Joe also serves as a Managing Director at RPN Executive Search.

Topics

2022 Associate Salary Increase, Associate Compensation, Biglaw, Bonus News Alerts, Goodwin Procter, Money