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Salaries and benefits for associates and summer associates are fully competitive with those of its peer firms. Covington & Burling is keenly aware of the need to support associates seeking to balance a professional career with family responsibilities.
2012 compensation for entry level lawyers is $160,000 per year whereas 2012 Summer Compensation is $3080 per week. Other compensation includes clerkship and annual discretionary bonuses competitive with other Washington firms; payment of moving expenses, bar review and admission expenses; DC, MD, VA bar dues.
The factors that are used to determine the amount of an associate's bonus include, hours billed, quality of work, pro bono hours, business development, overall contribution.
|Exp. year||Period||Avg Base
|Associate||San Francisco||1st Year||Yearly||$190,000.00|
|Associate||New York City||1st Year||Yearly||$190,000.00|
|Associate||Los Angeles||1st Year||Yearly||$190,000.00|
|Associate||Palo Alto||1st Year||Yearly||$190,000.00|
|Salary + Bonus|
|View Employee full survey|
|California - San Francisco|
|View Employee full survey|
In addition, the firm reimburses associates who have reasonable moving expenses, along with other expenses such as bar application, examination and one bar study course. Furthermore, Federal judicial clerks are eligible for a $50,000 clerkship bonus. Other benefits as declared by the firm are as below:
Vacation: 3 weeks per year
Medical: Group Health Insurance
Health Insurance Coverage: OAMC/Out of Network plan. The firm pays 100 percent of the employee monthly premium.
401(k): Eligible to participate in firm 401(k) plan after 6 months employment.
Profit Sharing: Eligible to participate in profit sharing plan after 3 months employment. Firm contribution is a fixed percentage contingent upon the firm's profitability and is fully vested upon funding.
Life Insurance: Paid by firm.
Long-term Disability: Paid by firm.
State Bar Dues: Only one annual bar dues is paid-in the state where the attorney is officed.
Maternity/Primary Caregiver Leave: 4 months of paid leave for attorneys who have been full-time employees for at least 12 months and who are the primary caregiver for a new born or newly adopted child.
Laptops: Firm provides a fixed stipend that associates can use to purchase laptop computers and Blackberries.
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