The march of Biglaw wage matches continues. Following Milbank’s choice to up affiliate base salaries, companies have began to affix the get together with raises right here and there.
Moments in the past, one of many largest companies on the planet opted to affix the prevailing scale. And with over 4,000 attorneys at this level and round $3.1B in income, DLA Piper is a behemoth by any measure.
DLA’s associates acquired some “verein excellent news” — Swiss enterprise group puns are too uncommon to move up — at the moment when the agency adopted the brand new scale. The agency employs a joint “Degree/Yr” compensation system, however the brand new scale boils all the way down to this:
|Class of 2021 (Degree 1)||$215K|
|Class of 2020 (Degree 1)||$225K|
|Class of 2019 (Degree 1)||$250K|
|Class of 2018 (Degree 2)||$285K|
|Class of 2017 (Degree 2)||$325K|
|Class of 2016 (Degree 2)||$350K|
|Class of 2015 (Degree 2)||$370K|
|Class of 2014+ (Degree 3)||$385K|
Associates will see these quantities retroactively utilized of their January twenty eighth payout.
Congratulations to all.
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Joe Patrice is a senior editor at Above the Regulation and co-host of Pondering Like A Lawyer. Be at liberty to e-mail any suggestions, questions, or feedback. Observe him on Twitter for those who’re fascinated with regulation, politics, and a wholesome dose of faculty sports activities information. Joe additionally serves as a Managing Director at RPN Govt Search.
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