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Posted: Thu Feb 11, 2016 1:30 pm
by Anonymous User
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Re: WSGR salary
Posted: Thu Feb 11, 2016 2:40 pm
by favabeansoup
They'll pay you the minimum of 1st year associate, regardless if you are in an overseas office, so 160k the first year. Assuming you are US JD and presumably US citizen that needs to relocate there.
The question you want though is whether they will pay you a cost of living adjustment bonus on top of that. Not every firm gives out one, but a decent amount do for high COL cities like Hong Kong or London. They pay this both because 1) it's expensive to live in those cities 2) they need to entice US attorneys to move there 3) relocation costs and 4) balance out the usually higher taxes you pay on income. What that COLA adjustment actually is depends on the firm. In London for instance, I've heard it can range from 0-40k ( haven't looked up numbers in awhile could be totally off). Higher your experience/value higher package can go.
TLDR: You won't get paid less, only a question if you'll get paid potentially much more
Re: WSGR salary
Posted: Thu Feb 11, 2016 3:15 pm
by Anonymous User
I know that some firms don't pay 160k for first-year associates abroad, so just wondering if that's the case with WSGR
Re: WSGR salary
Posted: Thu Feb 11, 2016 3:20 pm
by favabeansoup
Anonymous User wrote:I know that some firms don't pay 160k for first-year associates abroad, so just wondering if that's the case with WSGR
The only "big" law firms that I can think of that wouldn't be paying USD$160k abroad are the UK/Magic Circle firms that are European based. Those firms aren't as generous in compensation as US based firms are. Linklaters for example pays NQ (newly qualified) attorneys something like ~70k pounds, which is around ~$100k usd now.
Almost all US based law firms (WSGR is one) pay 160k for first year associates. Someone more knowledgable about international salaries can feel free to correct me.