Associates at some firms are getting pretty anxious. Almost everyone else has heard about raises. What could the hold-up possibly be? Don’t worry, your raise (of some sort) is probably on the way, so just keep waiting patiently… if you think you can, that is.
Speaking of raises, it looks like Baker Botts, a firm that came in at No. 64 in the most recent Am Law 100, has finally decided to weigh in during the latest round of salary wars. What’ll it be? It’s a Cravath match! “It’s a miracle,” said one source who apparently thought this day would never come.
This is what the new salary scale looks like at Baker Botts:
These salary hikes are retroactive not to January 1, but March 1, and associates are pretty ticked off about it. Nonetheless, congrats to everyone at the firm.
(Flip to the next page to see the memo from Baker Botts.)
Remember everyone, we depend on your tips to stay on top of this stuff. So when your firm matches, please text us (646-820-8477) or email us (subject line: “[Firm Name] Matches Cravath”). 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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Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.
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