Booyah!
New York Lawyer
February 3, 2006
Reprints & Permissions
By Anthony Lin
New York Law Journal
Sullivan & Cromwell has increased associate base salaries by $20,000 across the board, with first-years now due to receive $145,000 a year before bonus.
The move, announced internally Thursday, tops the recent round of salary increases led by Los Angeles firms, where first-year base salaries rose to $135,000 from $125,000.
Sullivan & Cromwell's move is almost certain to be followed by other top New York firms like Cravath, Swaine & Moore, Simpson Thacher & Bartlett or Davis Polk & Wardwell, who all compete with Sullivan & Cromwell for recruits.
New York Lawyer
February 3, 2006
Reprints & Permissions
By Anthony Lin
New York Law Journal
Sullivan & Cromwell has increased associate base salaries by $20,000 across the board, with first-years now due to receive $145,000 a year before bonus.
The move, announced internally Thursday, tops the recent round of salary increases led by Los Angeles firms, where first-year base salaries rose to $135,000 from $125,000.
Sullivan & Cromwell's move is almost certain to be followed by other top New York firms like Cravath, Swaine & Moore, Simpson Thacher & Bartlett or Davis Polk & Wardwell, who all compete with Sullivan & Cromwell for recruits.
