Morgan Lewis & Bockius is the latest to raise associate salaries to the $160,000 scale in California. Bingham McCutchen and Reed Smith are still holding out, and are likely to be the only other firms that might make the increase. Those two firms have profits high enough that could handle the raise, whereas lower profit firms like Littler Mendelson and Sedgwick probably will not match the rate. Thelen Reid and Townsend are two firms that could go either way with the raise.
Source: www.nylawyer.com