Good times are here again?
3:22 pm, June 10th, 2010
Fisher & Phillips announced Thursday that it has raised its associates’ annual salaries by up to $10,000. Half of that sum will show up in the associates’ regular paychecks, and the other half will be paid in a lump sum at the end of the year for associates meeting performance standards, said the firm’s chairman, Roger K. Quillen. The raise comes on top of the firm’s existing bonus system, he added. The pay increase went into effect on June 1.
Quillen added that Fisher & Phillips has not cut pay in the past two years, unlike many local firms. “This is not a salary recovery. This is a true raise in the pay scale,” he said. The raise increases Fisher & Phillips entry-level base salary from $115,000 to $120,000. Including the year-end payout, associate pay will go up by an average of 8 percent, he said.
See dailyreportonline.com at the end of the day for more details.
Contributor: Meredith Hobbs in Law Firms | subscribe to rss | 
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