Haynes and Boone partners planned on Tuesday to tell the Dallas-based firm's Texas associates their salary scale will increase, retroactive to Aug. 1, to the new market rate of $160,000 for first-year associates. And for the first time, the firm's management has added individual billable-hour bonus goals into its computations. The raises follow announcements by other firms of increases for their Texas associates, most recently those at Baker Botts.
August 08, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Haynes and Boone partners planned on Tuesday to tell the Dallas-based firm’s Texas associates their salary scale will increase, retroactive to Aug. 1, to the new market rate of $160,000 for first-year associates.
Haynes and Boone partner Terry Conner says the new salaries for second- and third-year associates will be $170,000; $180,000 for fourth-years; $190,000 for fifth-years; $200,000 for sixth-years; $205,000 for seventh-years; and $210,000 for eighth-year associates.
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