One after the other, Biglaw companies are speeding in to match Milbank’s new wage scale, and the newest agency to take action is Boies Schiller Flexner. The agency remains to be hangin’ robust in 2022, and the agency has come to play with the members of the Biglaw elite who’ve anted as much as pay their associates the large bucks.
In an e-mail to associates (out there on the following web page), the BSF confirmed their dedication to staying on prime of market compensation. Which means associates will probably be making between $215,000 and $385,000, relying on class 12 months, as base pay for associates in good standing. Right here’s Boies Schiller’s new scale:
|Class||Wage Efficient January 1, 2022|
This new wage scale is efficient as of January 1, 2022, and associates will see the money of their February paychecks. These associates who’ve remained on the agency’s forumular compensation system will see an adjustment of their salaries in comparison with the brand new wage scale as effectively.
Congratulations to everybody on the agency!
(Flip to the following web page to see the total memo from Boies Schiller.)
Bear in mind everybody, we rely in your tricks to keep on prime of these items. So when your agency matches, please textual content us (646-820-8477) or e-mail us (topic line: “[Firm Name] Matches Milbank”). Please embody the memo if out there. You’ll be able to take a photograph of the memo and ship it by way of textual content or e-mail in the event you don’t wish to ahead the unique PDF or Phrase file.
And in the event you’d like to enroll in ATL’s Bonus Alerts (which is the alert checklist we’ll additionally use for wage bulletins), please scroll down and enter your e-mail tackle within the field under this submit. In case 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 Regulation, the place she’s labored since 2011. She’d love to listen to from you, so please be happy to e-mail her with any suggestions, questions, feedback, or critiques. You’ll be able to comply with her on Twitter or join together with her on LinkedIn.
Enter your e-mail tackle to enroll in ATL’s Bonus & Wage Improve Alerts.