Compensation, Market

Inflation! Should You Be Expecting a Raise This Year? Spoiler Alert: No (Unless You are Very Special)

  • On May 7, 2023
WSJ reports a disconnect on worker versus employer expectations on raises this year. A majority of workers expect a bump because of inflation and rising cost of living, while employers struggle to contain costs. What do I foresee for lawyers? They have already received big raises and bonuses (including off-cycle ones) 2021 and 2022 as “employers […]
Read More
Compensation

Pay Transparency Laws & What You Should Be Doing

  • On January 22, 2023
In the past, employees negotiating their salaries had to guess at market compensation. Now, however, the information is public – employers must list the pay scale for job postings in California, Washington, Colorado, and New York. The purpose of pay transparency laws is to reduce the gender pay gap, which should be happening. So what else […]
Read More
Compensation

Have You Asked for Your Annual Education Budget? What to Say

  • On January 15, 2023
Time is almost up for California MCLE compliance! Since lawyers are required to stay abreast of developments in their field, many employers offer some kind of educational budget. I liked this post by Wes Kao, a serial entrepreneur and cofounder of Maven, a platform for courses, on getting your boss pay for classes. She notes […]
Read More
Compensation

What to Do if You Find Out Your Co-Worker Makes More

  • On December 11, 2022
I just read this WSJ article on what to do if you learn your co-worker makes more than you. This scenario is especially likely as pay transparency laws come into play. Five excellent points the article makes: Get as many data points as you can. “The more you know, the stronger your negotiating position is.” […]
Read More
Compensation, Offer

New California Pay Transparency Law

  • On October 9, 2022
Effective January 2023, California employers with 15 or more employees must disclose pay ranges in job postings for applicants and also to employees upon request. (See SB 1162 signed September 27, 2022.) California joins the ranks of Colorado, Connecticut, Maryland, Nevada, Rhode Island and Washington, all states with some form of pay transparency law. New […]
Read More
Compensation, Move, Offer, Title

What Can You Negotiate When You Receive an Offer?

  • On February 20, 2022
Congratulations, you received an offer! Now what can you negotiate? Lawyers are usually quite conservative and want to know precedent, so see below for the list of asks in order of frequency: Compensation. Most employers expect some negotiation over compensation. Compensation is typically made up of base, bonus, and equity, and usually one element (or […]
Read More