Davis Polk Boosts Big Law Associate Salary Scale to $365,000 (4)

June 11, 2021, 4:18 PM UTCUpdated: June 11, 2021, 10:16 PM UTC

Davis Polk & Wardwell has beaten the associate attorney pay scale announced by Milbank on Thursday with its own set of salary raises that pay associates $202,500 to $365,000 per year, pushing several competitors to match it.

Davis Polk cited “exceptionally high” activity levels across the firm in a memo viewed by Bloomberg Law on Friday and noted the new scale will take effect July 1.

The announcement is the latest salvo in a salary race that Milbank kicked off by announcing it would raise starting salaries for associates from $190,000 to $200,000, and give its most senior associates a ...

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