Clifford the Big Raise Law Firm arrived on the scene this morning, delivering good news to its US associates. With over $2.5B in gross revenue and sitting at 13th on the G200, Clifford Chance will match the Cravath scale on all counts.
As a reminder, that puts the new associate salary schedule at:
| Class | Bonus |
| Class of 2023 | $225K |
| Class of 2022 | $235K |
| Class of 2021 | $260K |
| Class of 2020 | $310K |
| Class of 2019 | $365K |
| Class of 2018 | $390K |
| Class of 2017 | $420K |
| Class of 2016+ | $435K |
And bonuses will be issued at:
| Class | Bonus |
| Class of 2023 | $15K (pro-rated) |
| Class of 2022 | $20K |
| Class of 2021 | $30K |
| Class of 2020 | $57.5K |
| Class of 2019 | $75K |
| Class of 2018 | $90K |
| Class of 2017 | $105K |
| Class of 2016+ | $115K |
Associates won’t see these payouts until January 12, meaning the London-based firm will fittingly wait until after the holidays to start shedding some pounds.
Memo on the next page…
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Joe Patrice is a senior editor at Above the Law and co-host of Thinking Like A Lawyer. Feel free to email any tips, questions, or comments. Follow him on Twitter if you’re interested in law, politics, and a healthy dose of college sports news. Joe also serves as a Managing Director at RPN Executive Search.
