Last
year,
the
combination
of
Milbank/Cravath
tag
teamed
to
raise
the
market
standard
on
associate
salaries,
which
resulted
in
a
cascade
of
raises
across
the
Am
Law
200.
One
firm,
Seyfarth
Shaw,
occupies
a
high
enough
place
on
the
Biglaw
ranking
(#59
on
the
Am
Law
100)
that
you
might
expect
them
to
match
their
peers.
However,
you’d
be
wrong.
Even
when
Seyfarth
announced
raises
earlier
this
year
(February),
they
weren’t
up
to
the
market
standard.
In
fact,
the
firm
has
consistently
fallen
behind
the
top
of
Biglaw
when
it
comes
to
compensation.
The
firm
tends
to
be
behind
by
about
one
raise
cycle
—
in
2021,
they
were
giving
out
2018
salaries,
and
in
2018,
they
gave
out
2016
salaries.
And
the
February
raises
were
only
$5K
above
the
2021
standard
for
first-years
on
the
firm’s
national
scale.
But
the
firm
went
off
script.
Yesterday,
they
announced
a
new
set
of
raises
—
and
at
least
some
associates
are
now
getting
market
compensation.
This
is
the
new
salary
scale
at
Seyfarth:
This
scale
is
a
match
for
junior
associates
(first-
through
third-years),
but
after
that,
there’s
compression
for
midlevel
and
senior
associates.
Those
experienced
associates
are
as
much
as
$65,000
behind
the
top
of
the
market
base
compensation
scale.
But
it’s
still
great
to
see
the
firm
move
closer
to
market.
You
can
read
the
full
memo
below.
Remember
everyone,
we
depend
on
your
tips
to
stay
on
top
of
compensation
updates,
so
when
your
firm
announces
or
matches,
please
text
us
(646-820-8477)
or email
us (subject
line:
“[Firm
Name]
Bonus/Matches”).
Please
include
the
memo
if
available.
You
can
take
a
photo
of
the
memo
and
send
it
via
text
or
email
if
you
don’t
want
to
forward
the
original
PDF
or
Word
file.
And
if
you’d
like
to
sign
up
for
ATL’s
Bonus
Alerts
(which
is
the
alert
list
we
also
use
for
salary
announcements),
please
scroll
down
and
enter
your
email
address
in
the
box
below
this
post.
If
you
previously
signed
up
for
the
bonus
alerts,
you
don’t
need
to
do
anything.
You’ll
receive
an
email
notification
within
minutes
of
each
bonus
announcement
that
we
publish.
Thanks
for
your
help!
Kathryn
Rubino
is
a
Senior
Editor
at
Above
the
Law,
host
of
The
Jabot
podcast,
and
co-host
of
Thinking
Like
A
Lawyer.
AtL
tipsters
are
the
best,
so
please
connect
with
her.
Feel
free
to
email
her
with
any
tips,
questions,
or
comments
and
follow
her
on
Twitter
@Kathryn1 or
Mastodon
@[email protected].
