Silicon Valley Powerhouse Announces Bonuses For Associates
This seems to be yet another Cravath match.
Another hour, another bonus announcement from last week. Hooray!
We were just alerted by a source who was “surprised” the news hadn’t made it to us yet that on November 28, Fenwick & West announced bonuses with what seems to be a full match for all of its U.S.-based associates who hit their 1950 billing targets. Fenwick’s bonuses differ slightly in that they’re based on tier levels instead of class years, but they appear to echo the Cravath scale. That being said, here’s the Fenwick bonus scale for Fall 2018:
- T1/L1: $15K
- T1/L2: $25K
- T1/L3: $50K
- T2/L1: $65K
- T2/L2: $80K
- T2/L3: $90K
- T3: $100K
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Congratulations to everyone at Fenwick & West on this year’s bonus haul!
That’s our take on associate bonuses from Fenwick & West. If you’re a lawyer at the firm, what do you think? Feel free to let us know how you feel by email, by text message (646-820-8477), or by tweet (@ATLblog). A fun or insightful response — we’ll keep you anonymous — could find its way into an update to this story.
Remember: as soon as your firm’s bonus memo comes out, please email it to us (subject line: “[Firm Name] Bonus”). We always keep our sources on bonus stories anonymous. There’s no need to send the memo using your firm email account; your personal email account is fine. Please be sure to include the memo as proof; we like to post complete bonus memos as a service to our readers. You can take a photo of the memo and attach as a picture if you are worried about metadata in a PDF or Word file. You can also text us if you prefer, at 646-820-8477.
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Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.
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