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Cooley Won't Match Associate Salary Hikes
Cooley Godward associates will not be receiving a salary increase this year, the firm announced last week. Cooley follows fellow Palo Alto, Calif., firm Wilson Sonsini Goodrich & Rosati in deciding to keep associate base pay at year 2000 levels. Both firms have declined to match San Francisco-based Brobeck, Phleger & Harrison's recent $10,000 across-the-board salary hike.Gibson Hikes Summer Associate Pay
The thorny issue of summer associate salaries is in full bloom as California firms question whether to bestow on the student visitors the same extravagant raises announced this year for lawyers they've actually hired. Los Angeles-based Gibson, Dunn & Crutcher announced it will pay its summer help $2,400 a week, based on its first-year associate base pay of $125,000.Behind a Cooley Star's Long Goodbye
M&A stars Richard Climan and Keith Flaum and tech transactions group leader Eric Reifschneider parted ways with Cooley Godward Kronish last week to join Dewey & LeBoeuf. But for Climan, at least, the parting may have started a while ago. "It did not come as a surprise that Rick is leaving," Cooley Chairman Stephen Neal said on Friday. "Rick has not been happy with things for some time -- it was somewhat more of a surprise that Keith and Eric were leaving."Associates Green: Some With Cash, Others With Envy
The aftershock from the associate salary earthquake has reached Atlanta. The 25-lawyer intellectual property boutique Thomas, Kayden, Horstemeyer & Risley and the 280-lawyer Sutherland Asbill & Brennan boosted associate salaries late last week.In-House At Large Public Companies
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