"We’ve done a number of reports over the last few weeks on salary cuts of 2009 that are being reversed in 2010. Sure, some firms are still trying to be cute when it comes to associate pay. But many Biglaw firms are back on the $160K scale for associate salaries, at least in major markets.
Apparently Foley & Lardner hasn’t received the memo. While New York associates will start at $160K, associates in other big-market Foley offices (like D.C., California, and Chicago) remain stuck at $145K.
We’re not exactly sure why….
Back in February, Foley announced a new (and confusing) merit-based compensation structure. While the February memo was full of corporate double-speak, we were able to distill the starting salary at least. Here’s an except from Foley’s February announcement: ""
Source and Full Document
http://abovethelaw.com/2010/08/biglaw-salary-stragglers-foley-lardner/
Sure Does Pay to Work for a Corrupt Law Firm....
Foley and Lardner LLP is VERY Corrupt...
Corrupt Patent Attorneys, Corruption through Michael Grebe's Actions,
Corruption in Over Billing, Corruption in .. well .. Everything..
www.DeniedPatent.com
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