Another Firm Matches The Cravath Bonus Scale

This firm is ready to play.

Fears that this summer’s associate raises — complete with the special summer bonuses that most elite firms doled out — would dampen the end-of-the year bonus excitement appear to be unfounded. Yesterday, in an unusually early move, Cravath announced their 2018 bonus structure, and the money is on par with the market bonuses of last year. When you couple those numbers with the summer’s salary action, well, you get some pretty nice (compensation) packages — and you don’t even have to wait for Christmas.

Once again, commercial litigation boutique Holwell Shuster & Goldberg proves they’re playing in the Big League, joining Cravath at the very top of the market. This is the bonus scale at Holwell this year:

Though they may be small, the firm (founded in 2012) is willing to put up the same big bucks as Biglaw to attract the top talent.

(The full memo from the firm is on the next page.)

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headshotKathryn 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).

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