Elite Law Firm Delights Associates With Third Round Of Raises
Yup! More money at this elite firm!
(Image via Getty)
They say the third time’s a charm, and I’m sure folks are hoping it sticks for associate compensation.
The elite California-based firm Hueston Hennigan is making its third round of associate raises. The boutique was among the first to match the Milbank scale back in January. Then they quickly anted up the money to match the Davis Polk scale in February. Now that March has come there is, yet again, another raise at the firm, this time matching the Cravath scale.
And they have a sense of humor about it — partner Brian Hennigan noted “it’s déjà vu all over again” as he announced the following scale:
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 a tipster at the firm noted:
Associates are happy but not surprised – we’ve come to trust that the partners are committed to staying at the very top of the compensation scale.
You can read the full memo on the next page.
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Kathryn Rubino is a Senior Editor at Above the Law, host of The Jabot podcast, and co-host of Thinking Like A Lawyer. AtL tipsters are the best, so please connect with her. Feel free to email her with any tips, questions, or comments and follow her on Twitter (@Kathryn1).
