Associate compensation at Davis Polk is competitive with that of other major
New York firms and is based on the lawyer's class year. For the class of 2007,
the starting salary is $160,000.
We do not have a minimum billable hours requirement.
Incoming associate benefits include:
- relocation expenses, including the cost of moving and
up to three months of storage and a broker's fee of up to $2,500 within
six months of arrival at the firm
- a salary advance of up to $7,500 within three months of
one's arrival to the firm
- bar review tuition and fees for bar examination and admission
- class credit is given in the salary scale for up to two
years of clerkship at a U.S. federal or state court or Canadian court, and
upon arrival at the firm, eligible clerks receive a bonus of $50,000 for a one-year clerkship and $70,000 for a two-year clerkship or two one-year clerkships.
Associate benefits include:
- four weeks of vacation (increasing to five weeks after
five years of practice)
- life, business travel accident and disability insurance; 401(k)
plan; and commuting benefits
- health, dental and vision benefits, and flexible medical
and dependent care spending accounts
- subsidized gym membership
- tuition for mandatory continuing legal education
- private banking privileges
- down payment loan assistance program of up to $40,000
repayable over five years
- matching contributions to law schools
We strongly support associates seeking to balance a professional career with
family responsibilities and offer the following family-related benefits and
options:
- health, dental and vision benefits for same—sex
or opposite—sex domestic partners
- maternity leave—eight weeks paid leave (plus four weeks of parental leave)
- parental leave—four weeks paid leave (birth parents and non-birth parents are entitled to this leave)
- primary caregiver leave—six weeks paid leave (following the birth, adoption or foster care placement of a child)
- part-time and flextime work arrangements
- emergency childcare facilities (located next door to our
office)
- emergency home care referral for child care and elder care
