Two weeks after Alston & Bird’s electrifying announcement that it’s raising associate pay across the board, King & Spalding and Troutman Sanders have followed suit, and many of Atlanta’s other large corporate firms say they will likely do the same — but not yet.
King & Spalding wasted no time in responding to Alston’s Dec. 20 move — which was the first significant rise in pay in that market since 2000. The next day, the firm matched Alston’s pay hike, which increases first-year starting pay $15,000 to $115,000 and bumps up pay for other classes by at least that amount. The increases for both firms were effective Jan. 1.
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