Biglaw

Bonuses Continue To Rain Down On Magic Circle Associates

Lots of money Brexiting to the U.S.

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We’ve now heard from everyone in the Magic Circle that plays in America. As one might expect, Allen & Overy joined Linklaters, Clifford Chance, and Freshfields in adopting the Cravath bonus scale for their associates. Slaughter & May, of course, eschews placing an office in the Colonies.

This is surely the biggest story of the English reaching out and offering a lifetime of riches to an American this week.

As per usual, we’ll show you the Cravath scale in case you haven’t had it tattooed on your forearm yet:

Class of 2017 — $15,000 (pro-rated)
Class of 2016 — $15,000
Class of 2015 — $25,000
Class of 2014 — $50,000
Class of 2013 — $65,000
Class of 2012 — $80,000
Class of 2011 — $90,000
Class of 2010 — $100,000
Class of 2009 and more senior — $100,000

Hopefully this bonus will go a long way to shoring up morale after a young associate was hospitalized with exhaustion this week.

Please help us help you when it comes to bonus news at other firms. As soon as your firm’s bonus memo comes out, please email it to us (subject line: “[Firm Name] Bonus”) or text us (646-820-8477). Please include the memo if available. You can take a photo of the memo and send it via text or email if you don’t want to forward the original PDF or Word file.

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HeadshotJoe Patrice is an editor at Above the Law and co-host of Thinking Like A Lawyer. Feel free to email any tips, questions, or comments. Follow him on Twitter if you’re interested in law, politics, and a healthy dose of college sports news.

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