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Akin Gump has instituted a firm wide compensation as well as a bonus structure that is an integral part of its strategy to recruit, develop, support and reward their associates. This structure includes the counsel position, which associates receive at the sixth year of their practice. The 2012 compensation for entry-level lawyers was $160,000 a year, which is a firm standard across all offices in the United States.
Additionally, the firm provides a tax gross up on same sex domestic partner benefits along with offering a referral bonus to associates who refer other qualified associates to the firm. The firm also pays for bar dues/license fees and also bar review course fees. Additionally, the firm also provides child care facilities as well as transitional child care.
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