Effective Aug. 1, Holland & Knight first-year associates will now make $205,000, the Florida-based Am Law 100 firm announced Monday. That date coincides with the firm’s planned merger with Thompson & Knight, a Texas-based Am Law 200 firm.

A Holland & Knight spokesperson confirmed that partner-track U.S. associates at both firms will be compensated on the updated pay scale, which goes up to $365,000 for eighth-year associates.