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Biglaw Agency Raises Salaries Once more, This Time Going Up To $425K For Senior Associates


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Look who’s again? Again once more! Gunderson’s again. Inform a buddy. Silicon Valley powerhouse Gunderson Dettmer — the OG of wage will increase — is right here with a second increase for its associates.

Final night time, managing associate David T. Younger notified associates that they’d be matching now prevailing Cravath wage scale. Right here’s a pleasant little be aware from the agency:

[W]e as soon as once more thanks on your extraordinary efforts to supply shoppers with excellent service, recruit proficient new colleagues and contribute to the agency’s progress.

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That is what the Cravath money will appear like at Gunderson:

Class of 2021 — $215,000

Class of 2020 — $225,000

Class of 2019 — $250,000

Class of 2018 — $295,000

Class of 2017 — $345,000

Class of 2016 — $370,000

Class of 2015 — $400,000

Class of 2014 — $415,000

Class of 2013 — $425,000

As soon as once more, the agency is providing even increased salaries to its senior associates as a substitute of sticking with $415K throughout the board for its most skilled attorneys. Solely a handful of different companies have carried out this.

Wage will increase on the agency can be retroactive to January 1, and associates will obtain catch-up funds on the finish of the month.

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Congratulations to all U.S. associates at Gunderson!

(Flip to the subsequent web page to learn the complete memo from Gunderson Dettmer.)

Keep 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 accessible. You may take a photograph of the memo and ship it by way of textual content or e mail in the event you don’t need to ahead the unique PDF or Phrase file.

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And in the event you’d like to enroll in ATL’s Bonus Alerts (which is the alert listing we’ll additionally use for wage bulletins), please scroll down and enter your e mail handle within the field under this publish. In case you 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 happy to e mail her with any suggestions, questions, feedback, or critiques. You may observe her on Twitter or join together with her on LinkedIn.

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