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Current associates only: what has Mckool Smith's comp been of late? At, below, or above Cravath? I know the firm is not lockstep per se but what is that like in practice?

Anonymous User wrote: ↑

Fri Feb 19, 2021 8:50 pm

Current associates only: what has Mckool Smith's comp been of late? At, below, or above Cravath? I know the firm is not lockstep per se but what is that like in practice?

Also interested in learning more about McKool (sorry to piggpack).

-How hard is it to avoid IP lit if you want to focus almost entirely on commercial lit and what % of McKool cases would you say are non-IP related?
-How is firm health looking these days? I saw several recent defections among the partnership and associate ranks in Dallas. What's been the impact of SCOTUS ending EDTX's grip on patent cases recently on McKool's business model?
-General thoughts on culture, hours?

Just wanted to bump this. Any thoughts from anyone?

The firm pays market base-pay scale for all associate class years. It has done so for several years. Bonuses are individualized, but consensus is that they've been at or around market for most everyone for the last few years. This year included the market-wide special bonus for everyone over an hours cutoff, plus a separate special bonus after a big win. With that, I think most expect at or slightly above market all-in for 2021.