Fish & Richardson P.C.
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225 Franklin Street
Boston, MA 02110-2804
Effective Date: January 2008
Associate Base Salary Bonus Range Bonus Comments Year Low High Discretionary 1st Year $160,000 $0 No 160k is salary for meeting 1900 minimum. Hours bonuses as follows: 0 @ 2000, 8k @ 2100; 17k @ 2200 2nd Year $170,000 $0 No Salary is 170k for 1900 minimum; bonuses: 0 @ 2000; 9k @ 2100; 19k @ 2200 3rd Year $175,000 $0 No 175k is base pay @ 1900 hours; bonuses: 10k @ 2000; 20k @ 2100; 31k @ 2200 4th Year $190,000 $0 No 190k is base for reching 1900; bonuses: 20k @ 2000; 31k @ 2100; 43k @ 2200 5th Year $215,000 $0 No 215k base for meeting 1900 minimum; bonuses: 20k @ 2000; 32k @ 2100; 45k @ 2200 6th Year $235,000 $0 No 235k base in 2008 for meeting 1900 minimum; bonuses: 25k @ 2000; 38k @ 2100; 52k @ 2200 7th Year $255,000 $0 No 255k is base in 2008 for meeting 1900 minimum; bonuses: 25k @ 2000; 39k @ 2100; 54k @ 2200 8th Year
General Salary Comments:
New salaries announced 11/07 to begin calendar year 2008; 5th year and above currently slated to drop base salary (@ 1900 hours) 5k, 10k and 15k respectively for 5th, 6th and 7th year in 2009 (e.g., from 215k in year 5 to 210k; from 235k to 225k in year 6; and from 255k to 240 k in year 7). We'll see if that actually happens... This salary/bonus scheme is the same in all offices. In addition to the hours bonuses, associates may also receive a "discretionary/merit" bonus between 1,500 and 10,000 dollars.
Hours (Effective Date: January 2008): 2088 Worked ; 1837 Billed ; 1900 Required (see Base Salary Per Hour Worked chart)
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