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1251 Avenue of the Americas
New York, NY 10020-1104
(212) 835-6000

Effective Date: January 2006
Associate Base Salary Bonus Range Bonus Comments
Year LowHighDiscretionary 
1st Year$145,000 Yes See Comments Below
2nd Year See Comments Below
3rd Year See Comments Below
4th Year See Comments Below
5th Year See Comments Below
6th Year See Comments Below
7th Year See Comments Below
8th Year See Comments Below

General Salary Comments:
The firm pays summer associates $2,400 per week. The firm began paying "lockstep" salaries to associates only in 2002. There are both "performance bonuses" and "production bonuses." One generally is "bonus eligible" if one achieves target billables of 2000 hours in addition to achieving a "grade" of 3, 4 or 5 from a compilation of all of the evaluations submitted by the partners and senior counsel for whom an associate worked more than 50 hours in the prior year. These are the "performance bonuses." GRADING KEY: a "3" equals "meeting expectations"; a "4" means "generally exceeding expections"; and a "5" means "exceptional performance". "Production bonuses" are awarded to those billing more than 2200 hours, with different steps at 2200, 2300, 2400 and 2500 billable hours. Bonuses earned in 2001 were between $3,000 and $37,500. Performance bonuses earned in 2002 were from $2,500 to $20,000. Production bonuses in 2002 ranged from $5,000 to $30,000.

Hours (Effective Date: January 2006): 2125 Worked ; 1890 Billed ; 1950 Required (see Base Salary Per Hour Worked chart) collects salary information from a variety of sources, including: recruiting coordinators, hiring partners, and associates at law firms, experts on a given market's salaries, public sources, and press releases. In many cases, a particular firm's salary chart has been triangulated from multiple sources.

While this is the most comprehensive, accurate attorney salary database available anywhere, some firms will have inaccuracies from time to time. If you see data that you believe to be inaccurate, please let us know and we'll look into it immediately.

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