In February, Day Casebeer Madrid & Batchelder partners invited their associates to discuss pay increases over lunch. It was a response to the first announcements rocking Silicon Valley that some big firms would move salaries for first-years to $160,000.
Managing partner Linda Sasaki-Baxley said the firm presented its associates with a choice: Take a pay increase — but potentially give up a portion of the year-end bonus — or take the full bonus and pass on the salary hike. The younger associates went for the up-front money, while the more senior associates opted for fatter bonuses.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
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]