Skaddenfreude: The Kaye Scholer Memo
We received this from multiple tipsters at Kaye Scholer, so consider it confirmed. One of them notes: “They matched retroactively, which they didn’t do last year.”
Barry Willner/NY/US/KSFHH
01/25/2007 05:31 PM
Phone: (212) 836-8421
Subject: 2007 Salaries
We are pleased to advise that the Firm is raising associate salaries for the Classes of 2006 through 1999 to reflect the competitive market . The new salaries in New York are as follows:
Class of 2006—$160,000
Class of 2005—$170,000
Class of 2004—$185,000
Class of 2003—$210,000
Class of 2002—$230,000
Class of 2001—$250,000
Class of 2000- $265,000
Class of 1999—$280,000
We will also be raising associate salaries for offices outside of New York but we have not yet determined what those salaries will be. Once they are determined, the heads of your offices will let each of you know the new salary levels. All salary adjustments for all offices will be effective as of January 1st.
To the extent adjustments are needed in order to raise salaries for junior counsel or senior associates above the 8th year class, any such adjustments will be addressed on an individual basis.
We are looking forward to another record year at the Firm and to your continued commitment to our clients.
Earlier: Previous announcements of law firm associate salary increases (scroll down through “Skaddenfreude” archives)




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FIRST!
Why do people post things like -- FIRST?
I thought it was funny - especially with 5 bajillion comments on the thread that went all afternoon.