From: Robert V. Gunderson Jr.
Sent: Friday, May 24, 2019 11:01 AM
To: #All US Associates
Subject: Mid-Year Bonuses for US-based Associates
On behalf of the Partners, we once again thank you for your extraordinary efforts in providing clients with outstanding service and helping us build the pre-eminent firm in the markets in which we operate. As we continue to build our firm, we also want to thank you for and recognize your contributions in supporting our culture through your recruiting, team building and business development efforts, all of which are critical to our continuing success.
From its earliest days, the firm has been a leader in many ways, including in attorney compensation. I am very pleased to announce that we will pay a mid-year bonus to eligible* US-based Associates in June as follows:
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Join the webinar on September 25th and learn some quick wins you can implement right away.
Class of 2018 – From $5,000 to $6,500
Class of 2017 – From $7,500 to $10,000
Class of 2016 – From $10,000 to $13,000
Class of 2015 – From $15,000 to $20,000
Class of 2014 – From $20,000 to $26,000
Class of 2013 – From $25,000 to $32,500
Class of 2012 – From $25,000 to $32,500
Class of 2011 & earlier – From $25,000 to $35,000
We wish you a safe and enjoyable Memorial Day weekend.
RVG
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*To be eligible for this mid-year bonus, you must have annualized bonus-eligible hours of at least 1,900 for the six-month period ending May 31, 2019 and to be eligible for the high-end of the mid-year bonus for your class year, your annualized bonus-eligible hours for the period must be at least 2,100. We recognize that there is significant variability in hours over a partial year and therefore if you are not eligible for this mid-year bonus or the higher-end of your class year bonus as of May 31, but finish the year with annual bonus-eligible hours greater than 1,900 or 2,100, respectively, then you will receive an amount equal to what your mid-year bonus would have been (less the amount of mid-year bonus paid) in addition to your year-end bonus (which will not be reduced by the end of year payment to you of a mid-year bonus amount). Mid-year bonuses will be prorated based on start dates and part-time arrangements.