Associate Bonus Watch: The Sad Tale Of Simpson Thacher

Simpson Thacher follows the herd, but the firm didn't always used to be like this.

onDecember 10, 2013 at 2:36 PMDecember 12, 2013 at 12:00 AM

SIMPSON THACHER — MEMORANDUM — 2013 BONUSES

On behalf of the partners of the Firm, I would like to announce that year-end bonuses for associates in good standing will be as follows:

Class of 2013 $10,000 (pro-rated)
Class of 2012 $10,000
Class of 2011 $14,000
Class of 2010 $20,000
Class of 2009 $27,000
Class of 2008 $34,000
Class of 2007 $40,000
Class of 2006 $50,000
Class of 2005 $60,000

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From Pilot and Above The Law

Bonuses for counsel and other attorneys will be determined on an individual basis and communicated separately. Bonuses will be paid on December 30, 2013. Associates and counsel who were on leave or worked part-time during any part of this year will be eligible for a pro-rated bonus.

On behalf of the Firm, thank you for your dedication and professionalism.

Earlier: Breaking: Simpson Thacher Raises Associate Base Salaries!!!
Breaking: Cravath Announces Year-End Bonuses; Let the 2013 Bonus Season Begin!