Page 1 of 1
When are salaries going to be announced in biglaw?
Posted: Thu Jun 10, 2021 9:42 am
by rgn122000
I feel like this is usually around the time salaries are announced and I'm curious to see if the rising lateral market leads to further increases or if the bonuses are it. Anybody have any idea when their firms are announcing?
Re: When are salaries going to be announced in biglaw?
Posted: Thu Jun 10, 2021 10:16 am
by JusticeJackson
No one that posts on this website can answer this.
Also, what do you mean by announced? The lockstep chart is out already. So absent a raise in the amounts on the chart (which I believe has happened about 3 times in the last 16+ years), salaries are already announced.
Re: When are salaries going to be announced in biglaw?
Posted: Thu Jun 10, 2021 11:07 am
by Anonymous User
Milbank just announced salary raises
Re: When are salaries going to be announced in biglaw?
Posted: Thu Jun 10, 2021 11:08 am
by Anonymous User
Funny timing. Milbank just announced salary increases of $10k/year from years 1-3, and $15k/year from years 4-8, so class of 2020 is at $200k and class of 2013 is at $355k.
Re: When are salaries going to be announced in biglaw?
Posted: Thu Jun 10, 2021 11:55 am
by rgn122000
Anonymous User wrote: āThu Jun 10, 2021 11:08 am
Funny timing. Milbank just announced salary increases of $10k/year from years 1-3, and $15k/year from years 4-8, so class of 2020 is at $200k and class of 2013 is at $355k.
That answers my question!
Re: When are salaries going to be announced in biglaw?
Posted: Thu Jun 10, 2021 11:58 am
by showusyourtorts
The timing of this post is iconic. Posted a mere 18 minutes before Milkbank moved to 200k.
Re: When are salaries going to be announced in biglaw?
Posted: Thu Jun 10, 2021 12:00 pm
by ExpOriental
OP went from looking like a goober to a prophet in the span of a few hours
Re: When are salaries going to be announced in biglaw?
Posted: Thu Jun 10, 2021 12:14 pm
by rgn122000
ExpOriental wrote: āThu Jun 10, 2021 12:00 pm
OP went from looking like a goober to a prophet in the span of a few hours
I wear both titles with pride.
Re: When are salaries going to be announced in biglaw?
Posted: Thu Jun 10, 2021 12:30 pm
by Monochromatic Oeuvre
rgn122000 on Milbank's comp committee confirmed
Re: When are salaries going to be announced in biglaw?
Posted: Thu Jun 10, 2021 3:07 pm
by doublefocus4
Agreed.
Re: When are salaries going to be announced in biglaw?
Posted: Thu Jun 10, 2021 4:12 pm
by JusticeJackson
ExpOriental wrote: āThu Jun 10, 2021 12:00 pm
OP went from looking like a goober to a prophet in the span of a few hours
My trajectory went the opposite direction, but assuming my firm matches Iām still hyped.