Greenberg Traurig has increased salaries in its South Florida offices. The starting base salary in Miami and Ft. Lauderdale was raised from $120,000 to $135,000, while the total compensation is actually more than $150,000. That extra $15,000 comes in the form of a signing bonus, year-end bonus, Bar costs, and a discretionary bonus. More senior associates in those offices will also receive raises of about the same amount. Greenberg’s starting salary now matches that of White & Case; Holland & Knight, Hogan & Hartson and Akerman Senterfitt recently raised salaries for first years to $130,000 in South Florida. Greenberg also made a change in its pro bono policy. After a 15 percent firmwide drop in pro bono hours in 2006, the firm now allows lawyers to count 20 pro bono hours toward their billable hours target.
Source: www.nylawyer.com