Biglaw, Money, Perks / Fringe Benefits, Weddings

Does It Pay to Be Married In Biglaw?

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A rather odd rumor recently came across our desk that Davis Polk hands out marriage bonuses of $500. That’s right, $500 for being married (and if you’re married to someone at Davis Polk, you each get $500, according to the rumor).
We hadn’t heard of this at Davis Polk or anywhere else previously, so we decided to float it to some Davis Polk sources. Here’s what they had to say:

Source 1: We do get a $500 marriage bonus… I got mine last year.
Source 2: I know that people got them in the past, but I am under the impression that this benefit no longer exists.
I think the most accurate characterization of it is that the benefit “once existed but may no longer exist.”
Source 1 (upon being told about Source 2’s claim that the benefit no longer exists): It definitely still exists. You have to ask for it, though.

So, can any Davis Polk folks out there tell us if this benefit still exists? Are any other firms doing this?

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