Breaking and associated brands will be offline for scheduled maintenance Saturday May 8 3 AM US EST to 12 PM EST. We apologize for the inconvenience.


Thank you for sharing!

Your article was successfully shared with the contacts you provided.
New York’s Roberts, Sheridan & Kotel has broken the record for new associate compensation by raising first-year pay to $120,000: $105,000 in salary and $15,000 in a guaranteed bonus. The 27-lawyer firm was started five years ago by three Cravath associates. “We want to be above market across the board,” said founding partner Todd M. Roberts. “It’s part of our Cravath snobbery. We’ve got to have the best lawyers here�we’re trying to build a corporate practice the way it was built at Cravath.” The firm has hired two to six people a year, but plans to increase hiring and reach 100 lawyers in the next five years. Including bonuses, second-year associates are making $130,000, third-years are getting $145,000 and the firm’s lone fourth-year is being paid $180,000. Associates also may receive additional discretionary bonuses, said Mr. Roberts.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

Reprints & Licensing
Mentioned in a story?

License our industry-leading legal content to extend your thought leadership and build your brand.


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.