Good Information For Associates As Goodwin Matches Wage Hike

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Big pile of cash money and some gold coinsThe Milbank wage enhance — which is extra precisely “the newest Milbank wage enhance” as a result of Milbank’s all the time the vanguard on affiliate compensation — continues to ripple by the ranks of Biglaw.

Now it’s Goodwin, which simply introduced a full match of what’s turning into the brand new regular for Biglaw salaries. As a refresher, right here’s what Goodwin associates are actually :

Class New Wage
Class of 2021 $215K
Class of 2020 $225K
Class of 2019 $250K
Class of 2018 $285K
Class of 2017 $325K
Class of 2016 $350K
Class of 2015 $370K
Class of 2014+ $385K

January pay will replicate the outdated scale, however February will see a retroactive bump to this new scale.

Bonuses, introduced again in December, will hit direct deposit on January 25.

Congratulations, of us!

*** Questioning if the grass is greener on the in-house facet? Click on right here for a glance contained in the black field of company counsel pay in our 2021 In-Home Compensation Report. ***

Keep in mind everybody, we rely in your tricks to keep on prime of these things. So when your agency matches, please textual content us (646-820-8477) or electronic mail us (topic line: “[Firm Name] Matches”). Please embody the memo if accessible. You’ll be able to take a photograph of the memo and ship it by way of textual content or electronic mail in the event you don’t wish to ahead the unique PDF or Phrase file.

And in the event you’d like to enroll in ATL’s Bonus Alerts (which is the alert record we’ll additionally use for wage bulletins), please scroll down and enter your electronic mail tackle within the field beneath this submit. If you happen to beforehand signed up for the bonus alerts, you don’t must do something. You’ll obtain an electronic mail notification inside minutes of every bonus announcement that we publish.

HeadshotJoe Patrice is a senior editor at Above the Legislation and co-host of Pondering Like A Lawyer. Be happy to electronic mail any suggestions, questions, or feedback. Comply with him on Twitter in the event you’re enthusiastic about regulation, politics, and a wholesome dose of faculty sports activities information. Joe additionally serves as a Managing Director at RPN Government Search.

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