West Coast Powerhouse Joins The Biglaw Compensation Party
This firm is starting the New Year off on the right foot. Congrats!
Happy New Year! What better way to celebrate than by ushering in a new compensation scale for associates?
Yesterday afternoon, Wilson Sonsini — a firm that brought in $1,354,000,000 gross revenue in 2022, putting it at No. 33 in the most recent Am Law 100 — delighted associates (and of counsel, too!) by announcing raises and bonuses in line with the Cravath scale. This is what the new compensation grid looks like at the firm, effective February 1, 2024:
The firm is also following the Cravath scale for year-end bonuses. Take a look:
Associates must have billed at least 1950 hours to be bonus eligible — and it’s certainly worth noting that the first 40 hours of an associate’s time off at the firm will be considered billable. Bonuses will be paid on Wednesday, January 31.
Congratulations to everyone at Wilson Sonsini!
(Flip to the next page to read the full memo from the firm.)
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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 and Threads or connect with her on LinkedIn.
