Foley & Lardner Salary Scale Forum

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Foley & Lardner Salary Scale

Post by Anonymous User » Tue Oct 05, 2021 8:14 pm

Choosing between an offer at Foley and an offer at another firm. I know that Foley matched the DPW scale for the first three years, but can anyone speak to salaries for midlevels and senior associates under this new scale? Also, what do bonuses look like?

Would also be interested in hearing whether Foley is actually a better lifestyle firm than other biglaw, or whether that’s just fluff.

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Re: Foley & Lardner Salary Scale

Post by Anonymous User » Tue Oct 05, 2021 9:11 pm

Also interested

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Re: Foley & Lardner Salary Scale

Post by Anonymous User » Wed Oct 06, 2021 11:20 am

bump

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Re: Foley & Lardner Salary Scale

Post by Anonymous User » Wed Oct 06, 2021 2:35 pm

Lifestyle and culture will be very office and practice dependent. Generally, I’ve heard NY office is chill by NY standards, but Milwaukee and Tampa offices are sweatshops relative to other offices in those cities.

axolawtl

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Re: Foley & Lardner Salary Scale

Post by axolawtl » Wed Oct 06, 2021 2:45 pm

Anonymous User wrote:
Wed Oct 06, 2021 2:35 pm
Lifestyle and culture will be very office and practice dependent. Generally, I’ve heard NY office is chill by NY standards, but Milwaukee and Tampa offices are sweatshops relative to other offices in those cities.
Not OP, but could you speak more to the Tampa office? I applied to firms in Tampa and am curious. If you'd prefer to PM, I'd be thankful for that, too.

ETA: I'm interested in the litigation side.

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Re: Foley & Lardner Salary Scale

Post by Anonymous User » Fri Oct 08, 2021 1:56 pm

I did not apply to Foley (Tampa) simply because I heard it was a sweatshop and that it had a really bad culture. This was a report from a lot of sources.

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Re: Foley & Lardner Salary Scale

Post by axolawtl » Fri Oct 08, 2021 5:01 pm

Anonymous User wrote:
Fri Oct 08, 2021 1:56 pm
I did not apply to Foley (Tampa) simply because I heard it was a sweatshop and that it had a really bad culture. This was a report from a lot of sources.
Would you be willing to PM with some more info?

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Re: Foley & Lardner Salary Scale

Post by Anonymous User » Sat Oct 09, 2021 3:55 pm

axolawtl wrote:
Fri Oct 08, 2021 5:01 pm
Would you be willing to PM with some more info?
I don't know if I would be able to explain much more. I just live in Orlando and worked for a peer-firm. My close friends are partners in other peer firms. They specifically mentioned to avoid Foley and Greenberg.

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Re: Foley & Lardner Salary Scale

Post by Anonymous User » Sun Jan 09, 2022 2:38 am

Hours are around 2K, my particular practice (M&A) and office seems chill. No one is rude and accept “no” when your plate is full. Pay scale is kravath if you make hours, but the bonus falls below market after year 3

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Re: Foley & Lardner Salary Scale

Post by Anonymous User » Sun Jan 09, 2022 9:02 am

I recently declined an offer from one of the satellite offices for $260. I am a fourth year.

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Re: Foley & Lardner Salary Scale

Post by Anonymous User » Mon Jan 10, 2022 12:04 am

Any insights on the Madison office? Anything near market would be obscene there, one of the best deals in BL probably

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Re: Foley & Lardner Salary Scale

Post by Anonymous User » Mon Jan 10, 2022 1:44 am

Anonymous User wrote:
Mon Jan 10, 2022 12:04 am
Any insights on the Madison office? Anything near market would be obscene there, one of the best deals in BL probably
All offices start at $202.5 and follow DPW scale for the first three years. Not sure how compressed it is after that.

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Re: Foley & Lardner Salary Scale

Post by Anonymous User » Mon Jan 10, 2022 11:14 am

Effective Feb. 1, 2022, all offices are going to be on the same scale. Associate base salary range is $202,500 - $335,000. Bonuses are generally less than market (range between 5% and 35% of salary based on hours and business). So pretty great if you're in a smaller market and not as great if you're in a major market.

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Re: Foley & Lardner Salary Scale

Post by axolawtl » Mon Jan 10, 2022 4:22 pm

Anonymous User wrote:
Mon Jan 10, 2022 11:14 am
Effective Feb. 1, 2022, all offices are going to be on the same scale. Associate base salary range is $202,500 - $335,000. Bonuses are generally less than market (range between 5% and 35% of salary based on hours and business). So pretty great if you're in a smaller market and not as great if you're in a major market.
Would you be willing to PM me?

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Re: Foley & Lardner Salary Scale

Post by Anonymous User » Thu Jan 13, 2022 3:32 pm

axolawtl wrote:
Mon Jan 10, 2022 4:22 pm
Anonymous User wrote:
Mon Jan 10, 2022 11:14 am
Effective Feb. 1, 2022, all offices are going to be on the same scale. Associate base salary range is $202,500 - $335,000. Bonuses are generally less than market (range between 5% and 35% of salary based on hours and business). So pretty great if you're in a smaller market and not as great if you're in a major market.
Would you be willing to PM me?
I work in a satellite Foley office, support this view. Get paid above market here, but compared to peers in major offices of other firms it's below market - firm announced that top-line bonus was moved from 40% to 50% for anyone above year 3, but my understanding is that anything above 35% never really happens.

There are other more national firms that pay market salary and market bonuses in the city where I live, and myself and the other associates in my office get recruiting emails from Kirkland and similar firms willing to do remote at least once a week, so it'll be interesting to see what Foley does to compete - right now they still see themselves as a lifestyle firm but salary and hour expectations don't match that - so they have a bit of a culture conflict at the moment. Can't say I'm unhappy with working here; people are great, pay is great, opportunities are good, but the conflict in culture and expectations has me concerned for the future.

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Re: Foley & Lardner Salary Scale

Post by Anonymous User » Tue Jan 25, 2022 3:19 pm

Can anyone speak to whether Foley is going to match? And, if so, do we have any chance of moving to lockstep all the way though?

(fwiw, I’m a 3L who summered and will be working at the firm after graduation).

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Re: Foley & Lardner Salary Scale

Post by Anonymous User » Wed Jan 26, 2022 5:52 am

Anyone have insight on the new Foley office in Salt Lake City?

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Re: Foley & Lardner Salary Scale

Post by Anonymous User » Wed Jan 26, 2022 10:02 am

Anonymous User wrote:
Tue Jan 25, 2022 3:19 pm
Can anyone speak to whether Foley is going to match? And, if so, do we have any chance of moving to lockstep all the way though?

(fwiw, I’m a 3L who summered and will be working at the firm after graduation).
Foley associate here. I think they will, but like always it won't go into effect until the next fiscal year (the 2021 raise won't go into effect until Feb 15 paychecks). By all accounts last year was one of the best years ever and rates are going up across the industry. They acknowledged that meeting national scale across the board was huge with getting laterals and law grads. I'd bet they will compress at the top end which is what happens right now (for instance right now, having matched the 2021 raise (which as I mentioned above, goes into effect in the Feb 2022 pay cycle) years 1-3 make the same as any other year 1-3 at other national firms, but after year 3 you're about 10-30k below peers in other markets (I think this applies whether you are in a city like NY/CHI/LA or a place like Tampa/Milwaukee/SLC).

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