The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
San Francisco-based Pillsbury Winthrop Shaw Pittman and Thelen Reid & Priest are the latest firms to be swept into the West Coast wave of associate pay rises, with both matching the new benchmark of $135,000 (£77,000).
Pillsbury announced its hikes yesterday (16 Feb). They apply to associates in the firm’s California, Washington DC and Virginia offices.
The firm also increased pay for second-year associates $10,000 (£6,000), and base pay for third, fourth and fifth years by $5,000 (£3,000).
Previously, Pillsbury associates in the sixth, seventh and eighth years earned $195,000 (£112,000), plus profit share dependent on seniority.
Under the new structure, associates in these three classes will earn $200,000 (£115,000), $210,000 (£120,000) and $220,000 (£126,000) respectively.
Meanwhile, Thelen is announcing $10,000 raises for first and second years firmwide. Those in more senior classes will get a minimum $5,000 raise.
Smaller West Coast firms including Allen Matkins Leck Gamble & Mallory and Jeffer Mangels Butler & Marmaro have made similar announcements in the past week.