Credit: Roberto Jiménez/Shutterstock.com New Raises Show How 'Essential' Senior Associates Have Become
"I put a senior associate on the market yesterday, and within an hour they had three interviews," one recruiter said.
February 24, 2022 at 03:31 PM
5 minute read
Law Firm Associates
Big Law leaders and elite boutiques appear to be reaching a consensus on associate compensation, which gives additional rewards to more senior lawyers. Observers say this is driven by the growing demand for and scarcity of emerging talent who can take leadership on important matters and be a liaison to clients, as well the key role these lawyers will play in shaping law firm culture going forward.
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Law Firms Mentioned
- Proskauer Rose
- Davis Polk & Wardwell
- Simpson Thacher & Bartlett
- Paul, Weiss, Rifkind, Warton & Garrison
- Milbank LLP
- Cleary Gottlieb Steen & Hamilton
- Skadden, Arps, Slate, Meagher & Flom LLP
- O'Melveny & Myers
- Willkie Farr & Gallagher
- Debevoise & Plimpton
- McDermott Will & Emery
- Cadwalader Wickersham & Taft
- Kirkland & Ellis
- Ropes & Gray
- Dechert
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