Prime 20 Biglaw Agency Broadcasts Market Raises, However Solely For Associates In Some Workplaces

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Time is money billable hoursNicely, effectively, effectively. What have we right here? Might or not it’s? Sure! It’s one other agency that’s matching the brand new Milbank wage scale. It was simply final week that this agency was busy “monitor[ing]” the market as a substitute of boosting affiliate salaries, and now right here we’re, with a match in hand.

The agency we’re speaking about, after all, is Norton Rose Fulbright, which introduced residence $1,877,933,000 gross income in 2020, rating it at No. 13 on the latest Am Regulation 100. Sources inform us that associates are “thrilled” by the information of their larger, higher salaries.

Right here’s what the model new wage scale seems like at NRF:

NRF Match Scale 2022

Earlier than you get too excited, Norton Rose is doing the identical factor it did in the course of the final spherical of raises, and making use of this new wage scale to solely some of its places of work. Associates within the agency’s California, New York, Texas, and D.C. places of work can be on the $215K pay scale, whereas these in Minneapolis and St. Louis could have “alternatives to earn into the nationwide pay scale.” Data on how associates can do this can be launched shortly.

Congratulations to (virtually) everybody on the agency on their new market salaries. For these in smaller markets, simply bear in mind, any increase is healthier than no increase!

(Flip to the following web page to see the memo from Norton Rose Fulbright.)

Bear in mind everybody, we rely in your tricks to keep on high of these things. So when your agency matches, please textual content us (646-820-8477) or e-mail us (topic line: “[Firm Name] Matches”). Please embody the memo if out there. You’ll be able to take a photograph of the memo and ship it through textual content or e-mail for those who don’t wish to ahead the unique PDF or Phrase file.

And for those who’d like to join ATL’s Bonus Alerts (which is the alert record we’ll additionally use for wage bulletins), please scroll down and enter your e-mail deal with within the field beneath this put up. For those who beforehand signed up for the bonus alerts, you don’t have to do something. You’ll obtain an e-mail notification inside minutes of every bonus announcement that we publish.

Staci ZaretskyStaci Zaretsky is a senior editor at Above the Regulation, the place she’s labored since 2011. She’d love to listen to from you, so please be at liberty to e-mail her with any suggestions, questions, feedback, or critiques. You’ll be able to comply with her on Twitter or join together with her on LinkedIn.

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