Don’t you love when the rainmakers spread the water around?
I’m sure you would if you worked at Covington and Burling, a Biglaw firm that recently decided to match the Cravath scale. They could afford to do it to, considering that they raked in $1,321,296,000 in 2020. That’s a lot of money! Here is the new scale:
The salary increase will be retroactive to January 1st and will be reflected in the next March paycheck.
(Turn to the next page to see the Covington and Burling memo.)
We like hearing about salary increases almost as much as you enjoy spending them. As soon as your firm’s memo comes out, please email it to us (subject line: “[Firm Name] Matches”) or text us (646-820-8477). Please include the memo if available. You can take a photo of the memo and send it via text or email if you don’t want to forward the original PDF or Word file.
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Chris Williams became a social media manager and assistant editor for Above the Law in June 2021. Prior to joining the staff, he moonlighted as a minor Memelord™ in the Facebook group Law School Memes for Edgy T14s. He endured Missouri long enough to graduate from Washington University in St. Louis School of Law. He is a former boatbuilder who cannot swim, a published author on critical race theory, philosophy, and humor, and has a love for cycling that occasionally annoys his peers. You can reach him by email at firstname.lastname@example.org and by tweet at @WritesForRent.