Associate Bonus Watch: Firm Beats Cravath Scale For All Associates
Small law firm, big money.
Think the (generous) bonus scale Cravath set last week is just about the most an associate can hope for this year? (Without onerous billing requirements which may trigger additional bonuses, of course.) Think again. Wilkinson Walsh + Eskovitz has topped that scale — across the board.
They’re deliberately beating market bonuses in recognition of the work of their associates:
I’m sure that some of you have seen reports of bonus announcements at some big law firms. As in the past, this year we remain committed to recognizing the contributions of our excellent associates. And, we are fortunate again this year to be able to provide bonus compensation well above market levels.
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The “litigator’s dream shop” proves the firm doesn’t have to be big to dole out big money. So, how much are the lucky associates of WW+E pulling down this year? Check out the numbers below, but, for the math challenged (I know, you became a lawyer because you were told there’d be no math) it is 1.5x the market rate:
Class of 2016: $22,500
Class of 2015: $37,500
Class of 2014: $75,000
Class of 2013: $97,500
Class of 2012: $120,000
Class of 2011: $135,000
Class of 2010 and senior: $150,000
Congratulations to WW+E associates, looks like drinks are on you!
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Kathryn Rubino is an editor at Above the Law. AtL tipsters are the best, so please connect with her. Feel free to email her with any tips, questions, or comments and follow her on Twitter (@Kathryn1).
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