Biglaw

Associate Bonus Watch: 3 More Firms Match Simpson

Which Biglaw firms have joined Simpson Thacher in handing out hefty bonus bucks this time?

DEBEVOISE & PLIMPTON — MEMORANDUM — 2014 BONUSES

We are pleased to let you know that the standard bonus schedule for U.S.-based associates this year, payable at year-end, is by class level as follows:

2014: $15,000 (pro-rated)
2013: $15,000
2012: $25,000
2011: $40,000
2010: $55,000
2009: $70,000
2008: $85,000
2007: $100,000
2006 and senior: $100,000

The bonuses are not linked to hours thresholds and are payable to virtually all U.S.-based associates in good standing. The usual pro rations apply to part-time arrangements and lengths of service of less than the entire year.

Thank you for your hard and effective work for the firm’s clients. On behalf of the partners, I wish you a good Thanksgiving and a happy and healthy holiday season.

Michael

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