2018 Associate Raises
Update July 1, 2018
, who has traditionally been the first mover who sets the market, has now raised the bar for 2018 associate raises. They have announced a new pay scale that matches Milbank for junior associates and exceeds it by $5,000 for midlevel associates and by $10,000 for senior associates.
Their new salary scale is:
1st year = $190,000
2nd year = $200,000
3rd year = $220,000
4th year = $255,000
5th... Read More
Where are the former Gruber Hail Johansen Shank Attorneys Going?
Gruber Hail Johansen Shank, a prominent litigation boutique in Dallas announced on April 16th, that it would dissolve and close its doors. The firm, which was founded in 2006 when partners from Godwin Gruber split off, had a strong run peaking at over 30 attorneys in 2015.
Things started to change in early 2016 when Michael Hurst and 6 other lawyers left the firm he co-founded to join Lynn, Pinker, Cox & Hurst.
In 2017, David Elrod and 3 other attorneys left the firm to join Shackelford, Bowen, Mc... Read More
How LinkedIn Can Help Grow Your Practice
As an attorney, if you want to be a bigger originator and business developer you need to have a strong network that refers business to you. Unless your practice is largely consumer oriented (criminal defense, personal injury, family law, etc.) you get a large percentage of your business through referrals. Referrals could come from current and former clients, attorneys in other practice areas, other professionals or your personal network.
Worried that your network is too small? Perhaps you don’t have ... Read More
Link Legal Search Group Completes Search For Litigation Associate
Link Legal Search Group Completes Search for Litigation Associate.
– Link Legal Search Group has recently completed a search for an Associate Attorney specializing in Litigation for Underwood Perkins, PC.
Kellen McJunkins, formerly with boutique Collin County law firm, has joined Underwood Perkins, a midsize full service Dallas law firm.
Link Legal Search Group Principal Rahul D. Yodh said “Underwood Perkins had an immediate need for a litigation asso... Read More
Link Legal Search Group Completes Associate Search
Link Legal Search Group Completes Search for Business Transactions and Intellectual Property Associate
Dallas, Texas – Link Legal Search Group has recently completed a search for an Associate Attorney specializing in Business Transactions and Intellectual Property for Underwood Perkins, PC.
Sophilia Wu, formerly with boutique Dallas law firm Mullin Law, PC, has joined Underwood Perkins, a midsize full service Dallas law firm.
Link Legal Search Group Principal Rahul D. Yodh said... Read More
When Are Candidate’s Receptive to New Opportunities?
With Cowboys season over and a good weather forecast, I decided to cross some home maintenance off my list on Sunday. First on the agenda? We had some cracks in the concrete walkways around our house that needed to be patched before they got worse and turned into a bigger problem.
My wife had suggested I hire someone to tackle the chore, afraid that I would cause some sort of concrete disaster. I was stubborn and after watching several YouTube videos, I took the trip to Home Depot to get my supplies. $... Read More
Where Are The Former Shannon Gracey Attorneys Going?
Just before Thanksgiving, Shannon Gracey, a firm with its main office in Fort Worth and additional offices in Dallas, Houston and Austin announced that they were going through some major changes.
In a statement released by Rich Lowe, the firm’s managing partner said that the firm, which has a “long legacy of legal integrity and community involvement,” has seen a number of its partners retire at the same time that others left the firm. “With this in mind, the current partners are considering a v... Read More
2016 Associate Attorney Bonuses
On Monday November 28th
, bonus season officially began for AmLaw 100 firms when the elite New York firm Cravath, Swaine & Moore announced associate attorney bonuses. Cravath has long been the market leader when it comes to associate compensation, so it wasn’t a surprise that many large law firms followed Cravath’s announcement with associate bonus announcements of their own. In most cases the firms matched the Cravath scale, but in some rare cases, firms beat the Cravath scale.
2016 ... Read More
Fortune Magazine Asked Us About Resumes
Link Legal Search Group Principal, Rahul D. Yodh, spoke with Fortune Magazine and Monster.com about things that might get a resume eliminated from consideration before it reaches the hiring manager's desk. Check it out here
... Read More
2016 Associate Salary Increases
For the first time since 2007, AmLaw 200 firms are raising associate salaries. The new standard scale is:
1st year = $180,000
2nd year = $190,000
3rd year = $210,000
4th year = $235,000
5th year = $260,000
6th year = $280,000
7th year = $300,000
For a quick refresher, most firms (aside for some regional differences) in the US were paying first year associates $70,000 in 1993. In 1997 first years were paid $83,000 and in 2000 salaries went up to $125,000. In 2006 there was a raise to ... Read More