High Agency Will get On Board With $215K Affiliate Compensation Scale

money big investing their money in venture fund vector illustration.Hooray! One other Biglaw agency has determined the weekend was an extended sufficient wait to get behind the brand new prevailing market customary for affiliate salaries. In case you’ve been reduce off from all issues Biglaw since final Thursday, Milbank introduced they had been upping the sport on compensation, with associates receiving between a $10,000 and $20,000 bump, relying on seniority.

The newest agency to make a play within the affiliate compensation wars is WilmerHale. The agency, ranked twenty ninth in the newest Am Legislation 100, matched the brand new wage grid. That makes the brand new compensation scale as follows:

Class Outdated Wage New Wage
Class of 2021 $205K $215K
Class of 2020 $215K $225K
Class of 2019 $240K $250K
Class of 2018 $275K $285K
Class of 2017 $305K $325K
Class of 2016 $330K $350K
Class of 2015 $350K $370K
Class of 2014+ $365K $385K

The raises are retroactive to January 1.

Within the announcement, the agency additionally gave extra particulars about their beforehand introduced bonuses. Particularly, given the agency’s performance-based compensation, they charted out how a lot WilmerHale associates are getting in contrast with the bonus market customary. So, that is how they stack up:

Screen Shot 2022-01-24 at 1.22.12 PM

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Kathryn Rubino is a Senior Editor at Above the Legislation, host of The Jabot podcast, and co-host of Considering Like A Lawyer. AtL tipsters are the perfect, so please join along with her. Be happy to e mail her with any suggestions, questions, or feedback and comply with her on Twitter (@Kathryn1).

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