When do lockstep raises take effect?

(On Campus Interviews, Summer Associate positions, Firm Reviews, Tips, ...)
Forum rules
Anonymous Posting

Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.

Failure to follow these rules will get you outed, warned, or banned.
Anonymous User
Posts: 324947
Joined: Tue Aug 11, 2009 9:32 am

When do lockstep raises take effect?

Postby Anonymous User » Sat Aug 13, 2016 5:26 pm

I'm a 5th year midlevel at a biglaw firm that implements a delayed annual raise due to merit based system. Currently interviewing with other lockstep firms, and am curious about the typical timing of lockstep raises. Are lockstep raises given out in September, December? So if I join as a 5th year (assuming I join before the next raise takes effect), I could be receiving a raise to the 6th year lockstep salary just a couple months after I join - right? Or do associates typically try to come in a year ahead salary wise so they don't have to deal with this situation?

User avatar
El Pollito

Diamond
Posts: 20141
Joined: Tue Jul 16, 2013 2:11 pm

Re: When do lockstep raises take effect?

Postby El Pollito » Sat Aug 13, 2016 6:18 pm

My understanding is Jan 1, sometimes a bit late with retroactive payment of the raise. You'll get the lockstep raise as a lateral. If they want to cut you're class year they'll just hire you at a lower class year.



Return to “Legal Employment�

Who is online

The online users are hidden on this forum.