More on big-firm salaries

February 7, 2008

Some more news on the big-firm salary front: the largest of the truly Maryland-headquartered firms, Miles & Stockbridge, is up to $140,000. The increase, which is as of the new year, is a $15,000 bump from last year’s rate.

That puts Miles at the same salary level as Ballard Spahr’s Baltimore’s office. Both firms are $20,000 lower than the Charm City offices of Venable and DLA Piper, two firms born here but now playing with the big boys on a national level.

Miles chairman John Frisch says the raise doesn’t come with a billable-hour requirement hike. Miles remains at 1850, lower than Piper or Venable.

CARYN TAMBER, Legal Affairs Writer

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Posted by The Daily Record | Filed Under Ballard Spahr, Baltimore, DLA Piper, Miles & Stockbridge, Venable, salaries | Leave a Comment 

Venable to raise first-year associates’ salaries?

January 30, 2008

The appropriate people from Venable aren’t getting back to me on this — I’ve been trying since last week — but word is they’re raising starting salaries for first-year associates to $160,000 as of the fall. This year, starting salaries were $145,000.

The firm that may be Venable’s top competitor for talent in Baltimore, DLA Piper, says it’s finalizing starting salaries and bonuses and will probably have a number today.
No word yet on what some of the other major Maryland firms are doing yet — for Pete’s sake, it’s January! — but I’ll keep you posted as I learn more.

CARYN TAMBER, Legal Affairs Writer

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Posted by The Daily Record | Filed Under DLA Piper, Venable, law | 2 Comments 

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