Return to Blog Homepage

Law Firms Still Paying Big Bucks

BPPmss-lsat-blog-firmspaying2

So the legal sphere hasn’t looked all that great recently. But a new story from Above the Law shows recent signs of life. Two big law heavy hitters: Allen & Overy (now there’s a name for an OBGYN) and Akin Gump have “unfrozen” their salaries. Allen & Overy are also paying market level bonuses, citing better economic conditions. Keep reading for their bonus and base salary scale.

mss-firmspaying

Of course, there is a catch; billable hours have been increased, too. But then, we always knew that a starting salary of $160,000 for people totally untrained to do a job had to come with a catch. It’s too early to tell if this will be a systemic change, but for at least some law firms, it looks like it will be a merry holiday season.

Submit a Comment

Submit a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.