ARNOLD & PORTER — MEMORANDUM — 2012 BONUS ANNOUNCEMENT
From: Rumsey, Allison B.
Sent: Monday, January 28, 2013 6:31 PM
Subject: 2012 Bonus Announcement
As we previously announced, the Firm is awarding associate bonuses for work performed at Arnold & Porter in 2012 and U.S. associates who have qualified for such bonuses will be informed of their eligibility today via email. Announcements concerning bonuses in the London and Brussels offices will be made in the next several days.
Approximately 66% of all Firm associates will be receiving bonuses in respect to their 2012 performance and the range of bonuses awarded this year, including the merit component, was from $10,000 to $91,000 depending on class year.
Bonuses were based on a combination of factors including productivity, the quality of an associate’s work, the extent to which an associate has performed at a level commensurate with his/her seniority, and whether an associate has complied with Firm policies, including timekeeping. To qualify for a bonus this year from a productivity perspective, associates had to have a minimum of 2000 combined billable, pro bono and business development hours (or a pro-rated part-time/part-year equivalent) and, with rare exceptions, 1800 of those hours (or a pro-rated part-time/part-year equivalent) had to be commercial billable hours. As in prior years, bonus amounts increased by class year and productivity. At higher hours thresholds, up to 15% of bonus-eligible hours could be pro bono or business development. In addition, associates whose performance or other contributions were identified as extraordinary based on input from the Associate Evaluation Committees were eligible for an upward adjustment in their bonus amounts. The 2012 scale reflects that the Firm’s overall financial performance was strong in 2012, and the bonus scale in future years could be different.
The bonus scale and amounts are as follows:
On behalf of the entire Partnership, I want to thank you for your all of contributions to the Firm.
Allison B. Rumsey
Arnold & Porter LLP
555 Twelfth Street, NW
Washington, DC 20004-1206