Associate Bonus Watch 2007, Biglaw, Bonuses, Money, Skaddenfreude

Associate Bonus Watch: Kirkland & Ellis’s Generous Bonuses

associate bonus watch 2007 law firm Above the Law blog.jpgInformation is now trickling in about bonuses at Kirkland & Ellis. Last week we had heard — through the grapevine, from a social acquaintance of a K&E share partner — that they would be good. It appears that the scuttlebutt was correct.
A K&E source in Chicago, class of 2006, reports hours of 2050 and a bonus of $45,000. That would be market in New York ($35K year-end + $10K special). But in Chicago, it’s definitely above market.
A K&E source in New York advises as follows about New York bonus levels:

Overall bonuses were well over market. Exact numbers are hard to give… but about 60% were over market, with the rest mostly being with the market.

Out of the first years (class of 2006), 21 out of 36 people were above the market. After that, the ratio really increased as to the number of people who beat the market.

Congratulations, Kirkland associates, on your bountiful bonuses!
If you work at K&E, feel free to provide your bonus info in the comments. When it comes to bonus data points, the more the merrier. Thanks.
Earlier: Associate Bonus Watch: A Pre-Announcement from Kirkland & Ellis

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