Law360 (June 18, 2018, 6:52 PM EDT) -- At least three more BigLaw firms on Monday said they will match Cravath Swaine & Moore LLP's increased associate pay scale that includes a $190,000 starting salary for first-year lawyers.
A week after Cravath announced its new compensation structure, White & Case LLP, Cooley LLP and Fried Frank Harris Shriver & Jacobson LLP set the same salaries for their associates.
"These changes reflect our commitment to providing competitive compensation and recruiting, developing, retaining and promoting a highly qualified group of attorneys," Fried Frank Chairman David Greenwald said Monday in an internal memo. "We are all grateful for your hard work and efforts on behalf...
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Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.