Skadden Arps Salaries and Profits per Partner
Associates at Skadden Arps are not paid at the top of the market (see, e.g., Desmarais LLP). The starting salary is $160,000. All offices in the United States have the same pay scale. Skadden Arps's profits per partner in 2011—the most recent year for which data is available—were $2,480,000, placing the firm in the 95th percentile. Equity partners earned $2,480,000 in 2011, placing the firm in the 94th percentile.
|Associate Bonuses (2012)|
Note: This bar graph reports the salary of the average associate for each class year. For firms that pay different salaries in different offices, this data is calculated by weighting the salaries according to the number of associates in each office. For example, if a firm pays $120,000 to 10 first years in its New York office, and only $100,000 to 20 first years in its Dallas office, we will report that first years at the firm make (($120,000 x 10 + $100,000 x 20) / 30) = $10,666. Interestingly, many firms pay more to average third years than to average fourth years, because more third years work in higher paying offices.