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HOLLAND HIKES FLORIDA ASSOCIATES’ SALARIES MIAMI — In a change of plan, Holland & Knight announced Tuesday that it is bumping salaries for first-year associates in Miami, Fort Lauderdale and West Palm Beach, Fla., from $105,000 to $120,000. That will include a $5,000 signing bonus. Holland’s move raises the ante for other major south Florida corporate law firms, which are paying $115,000 at most for entry-level associates. Only White & Case in Miami is known to be paying first-years $120,000. Holland’s move was unexpected because major salary increases typically are announced around the start of a law firm’s fiscal year. Holland’s fiscal year begins on Jan. 1. At that time, the firm, which has 1,200 attorneys, had said it planned to stick with its $105,000 salary level plus $5,000 signing bonus in its south Florida offices, but that it would tweak its year-end bonus to make first-years eligible for a bonus of up to $8,000 based on billable hours. Firm leaders say Holland changed its salary structure after a national study of the market. “We conducted a review nationally in each one of our markets and made a decision as to where the market was on a salary basis,” said Adolfo Jimenez, the firm’s professional development and recruiting partner. Holland also is boosting salaries for its more-experienced associates, but Jimenez would not disclose the raise structure for them. &# 151; Miami Daily Business Review

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