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Compensation and Benefits

Simpson Thacher believes that we have the finest team of lawyers of any international law firm. We are committed to providing top compensation and benefits to our attorneys.

First-year associates earn a salary of $205,000. All associates in good standing receive a bonus at year-end. To enable new associates to get settled comfortably, the Firm also advances up to $10,000 prior to joining the Firm. Our non-salary benefits are generous and competitive.

Benefits Highlights
  • Four weeks paid vacation
  • Subsidized health insurance for associates, their spouses, same-sex domestic partners and children, as well as dental and vision benefits 
  • Life and disability insurance
  • 401(k) plan participation
  • Healthcare and dependent care pre-tax spending accounts
  • 18 weeks paid (and up to 8 weeks unpaid) primary caregiver leave
  • 4 weeks paid (and up to 12 weeks unpaid) secondary caregiver leave
  • Off-site emergency childcare (two free visits, with additional visits for a nominal fee); temporary in-home child and eldercare services on an emergency basis
  • Employee Assistance Program (EAP) and a variety of wellness programs
  • A variety of flexible working arrangements
  • Reimbursement for incoming associates for relocation costs (including broker fees)
  • Reimbursement for bar review, bar application fees, bar dues and two bar association memberships
  • Free private banking at Citibank
  • Subsidized on-site cafeteria
  • Subsidized health club membership
  • Pre-tax commuter benefits for mass transit and parking expenses
  • Matching donations to law schools
  • Budget for client development (for senior associates, or with partner approval)
  • Social events, including happy hours, coffee hours and practice group outings
  • $2500 Technology Stipend
  • Visa assistance to associates who are non-U.S. citizens
  • Established relationships with several outside vendors that specialize in student loan refinancing