Add Another Firm To The Cravath Match List
And a bonus payout in the 2018 calendar year too.
As November winds down, a few more Biglaw firms are getting their bonus match announcements out as part of the industry’s early train. Does an early announcement make any substantive difference? Not really, but it speaks to the management’s responsiveness and commitment to some transparency with associates, both of which are nice intangibles for a firm to project.
So we can go ahead and add Willkie Farr to the list of November bonus firms. This morning, the firm informed its New York, Washington, and Houston associates that they will be receiving bonuses to match their peers across the market.
Here’s the scale again:
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2018 $15,000 (pro-rated)
2017 $15,000
2016 $25,000
2015 $50,000
2014 $65,000
2013 $80,000
2012 $90,000
2011 $100,000
2010 and senior $100,000
Bonuses will be paid on December 21, which is also a nice gesture in an age where firms increasingly try to push bonuses into the new year and leave associates holding the holiday expense bag until they finally see their money.
Congrats to the Willkie Farr gang. The full memo is available on the next page.
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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Joe Patrice is a senior 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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