King & Spalding Announces New Pay Scale, Bonuses

King & Spalding announced on Tuesday its long-awaited 2010 pay scale for Atlanta partner-track associates in an internal memo obtained by the Fulton County Daily Report. The new pay scale ranges from $135,000 for a first-year associate to $190,000 for an eighth-year. Depending on class year, the new pay scale either lessens the effect of a September pay cut or restores some associates' pay to what they were making a year ago. The firm also announced that it will pay associate bonuses for 2009.