The Biglaw firm of Proskauer Rose isn’t one to sit on the sidelines as the rest of its peers give good news to their associates. So it is no surprise that they’ve announced their scale of associate bonuses before Thanksgiving. For the elite Biglaw firms trying to keep up with Cravath, it is simply what needs to be done.
As expected, the bonus structure at Proskauer is set at the market rate:
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The firm will pay these bonuses on December 21st for all associates who meet the “traditional performance criteria for associates of their senority.”
(The full memo from the firm is 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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Kathryn Rubino is a Senior Editor at Above the Law, and host of The Jabot podcast. 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).