Top Partner Pay at Simpson Thacher to Breach $20M
The New York firm joins several elite peers in stretching the spread in equity partner compensation, as competition for top earners intensifies.
May 16, 2024 at 02:52 PM
4 minute read
Lawyer Compensation - Law FirmThe original version of this story was published on The American Lawyer
What You Need to Know
- Simpson Thacher & Bartlett has raised the spread in equity partner compensation.
- Firm leaders made the shift with the intention to to attract and retain the best talent across our global platform.
- The move comes as partner pay at peer firms also reached $20 million in salary offers.
As the upper end of Am Law 50 partner pay reaches new heights, Simpson Thacher & Bartlett appears to be meeting the call.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Related Stories
View AllYou Might Like
View AllDuane Morris Uses Nonequity Partnership as 'Income Shifting' Device, Class Action Contends
5 minute readHueston Hennigan Offers Associates Midyear 'Reward.' Will Other Litigation Firms Follow Suit?
Amid Growing Battle for Talent, 3 DC and Virginia Firms Increased Their Equity Partner Pay Spreads
4 minute read'Hang Up Your Spurs': Longtime Fox Rothschild Partner Claims Age Discrimination in NJ Lawsuit
5 minute readLaw Firms Mentioned
Trending Stories
- 1The Law Firm Disrupted: Playing the Talent Game to Win
- 2A&O Shearman Adopts 3-Level Lockstep Pay Model Amid Shift to All-Equity Partnership
- 3Preparing Your Law Firm for 2025: Smart Ways to Embrace AI & Other Technologies
- 4BD Settles Thousands of Bard Hernia Mesh Lawsuits
- 5A RICO Surge Is Underway: Here's How the Allstate Push Might Play Out
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250