King & Spalding announced on Tuesday its long-awaited 2010 pay scale for Atlanta partner-track associates in an internal memo obtained by the Fulton County Daily Report . The new pay scale ranges from $135,000 for a first-year associate to $190,000 for an eighth-year. Depending on class year, the new pay scale either lessens the effect of a September pay cut or restores some associates' pay to what they were making a year ago. The firm also announced that it will pay associate bonuses for 2009.
March 11, 2010 at 12:00 AM
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The original version of this story was published on Law.Com
King & Spalding announced its long-awaited 2010 pay scale for Atlanta partner-track associates Tuesday in an internal memo obtained by the Fulton County Daily Report.
Under the new scale, which is retroactive to Jan. 1, pay ranges from $135,000 for a first-year associate to $190,000 for an eighth-year. The 2010 scale pays each associate class $10,000 less than the old scale, established at the start of 2008. King & Spalding still uses a lockstep pay system.
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