Versus the Biglaw corporations that proceed to sit down on their palms, boutique corporations are actually popping out to strut their stuff in the case of the brand new affiliate compensation scheme on the town. It seems like we’ve received one other Milbank match on our palms. What a sight for sore eyes.
Final week, the Groom Legislation Group — a D.C. agency specializing in advantages, well being, and retirement regulation — introduced that it could be matching the new-and-improved affiliate wage scale. It’s been some time since our final match, so right here’s what that appears like in case you’ve forgotten:
Right here’s what a supply from the agency needed to say concerning the raises:
I feel associates anticipated the agency to match (the agency at all times matches high of the marketplace for base wage & considers itself the preeminent regulation agency in advantages usually), however are proud of the will increase, as our high quality of life tends to be a bit of higher than at larger corporations. The agency additionally has a 3% 401(ok) match, so our efficient base wage finally ends up being a bit of bit greater together with the match.
The wage enhance shall be efficient on March 1. Congratulations to all!
(Flip to the subsequent web page to learn the complete memo from Groom Legislation Group.)
Keep in mind everybody, we rely in your tricks to keep on high of these items. So when your agency matches, please textual content us (646-820-8477) or e mail us (topic line: “[Firm Name] Matches”). Please embrace the memo if obtainable. You may take a photograph of the memo and ship it through textual content or e mail should you don’t wish to ahead the unique PDF or Phrase file.
And should you’d like to join ATL’s Bonus Alerts (which is the alert listing we’ll additionally use for wage bulletins), please scroll down and enter your e mail handle within the field under this publish. When you beforehand signed up for the bonus alerts, you don’t must do something. You’ll obtain an e mail notification inside minutes of every bonus announcement that we publish.
Staci Zaretsky is a senior editor at Above the Legislation, the place she’s labored since 2011. She’d love to listen to from you, so please be at liberty to e mail her with any ideas, questions, feedback, or critiques. You may observe her on Twitter or join along with her on LinkedIn.
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