Thompson & Knight announced that effective Aug. 1, its first and second-year associates will receive a pay raise. In all of its U.S. offices, starting salaries will be $160,000 and those for second-years will be $170,000. The compensation structure for other associate classes has yet to be determined. This Dallas-based firm is the fifth TX firm behind Vinson & Elkins, Andrews Kurth, Locke Liddell & Sapp, and Susman Godfrey to raise associate salaries in the last two weeks.
Source: www.nylawyer.com