Hamilton, Brook, Smith & Reynolds, P.C.
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530 Virginia Road
P.O. Box 9133
Concord, MA 01742-9133
Effective Date: April 2008
Associate Base Salary Bonus Range Bonus Year Low High Discretionary 1st Year $130,000 $5,000 $39,000 No 2nd Year $140,000 $5,000 $43,000 No 3rd Year $150,000 $5,000 $47,000 No 4th Year $160,000 $5,500 $55,900 No 5th Year $170,000 $6,000 $62,000 No 6th Year $180,000 $6,500 $66,500 No 7th Year $190,000 $7,000 $71,000 No 8th Year $200,000 $7,500 $75,500 No
General Salary Comments:
The firm uses a step compensation scheme, with step assignments being made based not only on graduation date, but also on experience and performance. A minimum bonus of $5500 is earned with 1850 draft/billable hours. Guaranteed bonuses are paid for each quarter in which an Associate records at least 500 billable hours. Bonus amounts vary by step level. There is also an 8% contribution to the 401(k)/Profit Sharing plan for eligible employees.
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