Associate and summer associate compensation firmwide at Davis Polk is competitive with that of other major New York firms. Summer associates in the 2013 summer program are compensated at a rate of $3,077 per week.
 

A note about Davis Polk compensation

All of our lawyers, including partners, are compensated on a lockstep scale according to their tenure with the firm. This increasingly rare structure among law firms is the foundation of Davis Polk's highly collaborative culture. There are no billable hours to chase and no internal squabbles over business origination credit or fees. Our clients are clients of the firm, and our lawyers work together to offer all necessary firm resources when addressing a given assignment. This approach pervades everything we do as a firm.