How does market scale pay work for recent grads?
Posted: Tue Feb 16, 2021 5:19 am
I've seen the market scale for biglaw, but I'm a bit confused on how it works.
For example, incoming first-years make a 190k salary. However, from what I understand, they tend to start some time in the fall.
Is the 190k in place from (1) their fall start date to the end of the year, (2) a whole year from their start date, (3) their fall start date to the end of the NEXT year, or (4) none of the above and I'm just really stupid for not being able to figure this out? Basically, when does the first raise happen?
For example, incoming first-years make a 190k salary. However, from what I understand, they tend to start some time in the fall.
Is the 190k in place from (1) their fall start date to the end of the year, (2) a whole year from their start date, (3) their fall start date to the end of the NEXT year, or (4) none of the above and I'm just really stupid for not being able to figure this out? Basically, when does the first raise happen?