Impact of Biglaw Salary Raise on In-House Salaries? Forum

(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: 428551
Joined: Tue Aug 11, 2009 9:32 am

Impact of Biglaw Salary Raise on In-House Salaries?

Post by Anonymous User » Fri Jun 11, 2021 8:27 pm

This is all speculation of course, but does anyone think the raise in biglaw salaries will have an impact on in-house salaries as well?

Anyone recall what happened (if anything) to in-house salaries when they moved salaries to 180? Or 190? Did they remain largely stagnant?

nixy

Gold
Posts: 4451
Joined: Fri Feb 16, 2018 8:58 am

Re: Impact of Biglaw Salary Raise on In-House Salaries?

Post by nixy » Fri Jun 11, 2021 11:24 pm

I feel like in house salaries already vary so much, and are so contingent on industry and specific company, that it’s impossible to generalize. People already take pay cuts to go in house, and it’s hard to really talk about “market” for in house, so I wouldn’t expect to be able to see a direct impact. But happy to be proven wrong with a more concrete answer.

Anonymous User
Posts: 428551
Joined: Tue Aug 11, 2009 9:32 am

Re: Impact of Biglaw Salary Raise on In-House Salaries?

Post by Anonymous User » Sat Jun 12, 2021 12:45 pm

Only relevant datapoint that I've heard is from a colleague going in house. She'd already negotiated salary, but then the retention bonuses hit. She asked for a delayed start or for them to match the bonus and they matched it. Don't know about the recent raise in base pay, though.

Jchance

Silver
Posts: 820
Joined: Sun Mar 11, 2012 2:17 am

Re: Impact of Biglaw Salary Raise on In-House Salaries?

Post by Jchance » Sat Jun 12, 2021 9:15 pm

here's an old article on this topic: https://www.mlaglobal.com/en/knowledge- ... bert-major

doubtful that it has any immediate impact, maybe several years down the line.

Want to continue reading?

Register now to search topics and post comments!

Absolutely FREE!


Post Reply Post Anonymous Reply  

Return to “Legal Employment”