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The latest firms raising associate pay include Vinson & Elkins and Gunderson. Still, most of the top 20 most profitable law firms had yet to confirm any pay raises as of mid-Monday afternoon.
June 14, 2021 at 04:05 PM
Lawyer Compensation - General
4 minute read
The original version of this story was published on American Lawyer
Several more Am Law 200 firms confirmed on Monday that they were raising associate pay based on a new scale set last week by the elite firms. The latest firms raising associate pay include Vinson & Elkins and Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, while Polsinelli in the last week adjusted pay by market.
Still, most of the top 20 most profitable law firms had yet to confirm any pay raises as of mid-Monday afternoon, with firm leaders and partners still in discussions with each other and watching others’ moves.
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