With Cleary Gottlieb; Kirkland; Skadden; Weil, Gotshal & Manges and several other law firms now announcing raises, it looks like the dam has broken for increases among the most profitable U.S. firms.
June 14, 2018 at 03:57 PM
1 minute read
Weil, Gotshal & Manges said Thursday that it will match the salary scale set by Cravath, Swaine & Moore earlier this week for its associates, according to an internal firm memo.
The announcement, along with news that Cleary Gottlieb Steen & Hamilton; Kirkland & Ellis; Skadden, Arps, Slate, Meagher & Flom and Willkie Farr & Gallagher are also raising salaries, means at least half-a-dozen law firms have succumbed to the pressure to raise associate compensation to new heights in just 24 hours.
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