Morgan Lewis Unfreezes, Raises Associate Pay Rates

Law360, New York (March 30, 2010, 7:41 PM EDT) -- Morgan Lewis & Bockius LLP has unfrozen associate salary levels and announced it will offer raises to its young lawyers, moves that come after the firm revealed a shift toward a merit-based model of associate compensation earlier this year.

Firm representative Frances Marine Bravo confirmed that Morgan Lewis chair Francis M. Milone announced an “upward adjustment” in associate compensation on Monday.

“The primary purpose of the adjustment is to ensure that our associates are being fairly compensated for their hard work, excellence, efficiency and client service,”...
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