Compensation and Benefits

Salaries

We are committed to recruiting and retaining the best legal talent. Accordingly, compensation for all professionals at the firm is highly competitive with that of other major law firms. 

2008 Associate Salary Scale - All US Offices

Class	Salary
1st year	$160,000
2nd year	$170,000
3rd year	$185,000
4th year	$210,000
5th year	$230,000

Bonuses

In allocating bonuses, we strive to recognize lawyers whose contributions go beyond the ordinary and to allow our lawyers to share in the firm’s economic success. The bonus system for offices other than New York is based on the following components:

• Overall firm performance.
• The individual lawyer's total client hours (paying client plus pro bono) for the year. Total client hours will be the primary criterion on which individual bonuses will be based, taking into account the firm's standards for quality of work.
• The individual associate or counsel's seniority. It is our expectation that bonus levels will generally increase along with seniority.
• Any outstanding contributions to non-client work or the life of the firm by the individual lawyer, as well as extraordinary substantive performance by the individual lawyer or, conversely, any notable deficiencies in these areas.

• Health, dental, vision and life insurance
• Disability and long-term care insurance
• Paid parental leave
• Blackberries, laptops and remote network access 
• Reduced hours and flextime alternatives
• Sabbatical program
• 401(k)
• Four weeks vacation annually
• Flexible Spending and dependent care reimbursement accounts
• Bar expenses and CLE
• Moving expense reimbursement
• Emergency child-care programs
• Domestic partner benefits 
• Onsite fitness center access (Boston and DC); subsidized health club membership (NY and Palo Alto) 
• Onsite cafeteria (Boston and DC)
• Counseling and referral programs
• Pre-tax parking/commuter programs; daily bicycle storage
• 529 College Savings Plan