It seems tis indeed the season for sharing the wealth among law firms. Given its impressive gross revenue of $3,020,869,000 last year, Skadden finds itself admirably positioned to both increase salaries and match bonuses in line with Cravath, a move eagerly awaited by its associates. More details available in the original article.
While the exact scale of remuneration improvements is not available, it appears that this is an opportune moment for all Skadden associates to consider their holiday shopping budgets! For those privy to such bonus announcements, a timely reminder that sharing such news benefits all law associates. Sharing these memos is as simple as taking a photo and sending it via text or email.
Moreover, Above the Law offers a Salary & Bonus Alerts service, for those wishing to stay informed of each bonus announcement as it is published. An invaluable resource for any legal professional wanting to keep their fingers on the pulse of movements in firm compensations.
Join me in congratulating Chris Williams on his transition from Memelord™ in the Facebook group Law School Memes for Edgy T14s, to his role as social media manager and assistant editor for Above the Law. His background of balancing academic pursuits in critical race theory, philosophy, and humor with his passion for cycling, promises to provide engaging perspectives for continuing coverage of legal news.