Biglaw

Abracadabra! Magic Circle Firm Enchants Associates With Bonus Bucks

Which Magic Circle firm just pulled money out of its hat?

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Last week, Milbank set the scale for 2019 year-end bonuses, and once Cravath decided to hop on board, the rest of Biglaw was essentially granted permission to join in the fun and make their announcements as well.

One Magic Circle firm has already announced its bonus news, and now another is ready to enchant its associates with bonus bucks. Hocus pocus! Which Magic Circle firm just pulled money out of its hat?

It’s Freshfields, and the firm has adopted the Milbank scale for its U.S. associates:

Class of 2019 – $15,000
Class of 2018 – $15,000
Class of 2017 – $25,000
Class of 2016 – $50,000
Class of 2015 – $65,000
Class of 2014 – $80,000
Class of 2013 – $90,000
Class of 2012 – $100,000
Class of 2011+ – $100,000

Read the full bonus memo on the next page. Freshfields will make money magically appear in associates’ bank accounts on December 13.

Remember everyone, we depend on your tips to stay on top of important bonus updates, so when your firm matches, please text us (646-820-8477) or email us (subject line: “[Firm Name] Matches”). 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.

And if you’d like to sign up for ATL’s Bonus Alerts (which is the alert list we also use for salary announcements), please scroll down and enter your email address in the box below this post. If you previously signed up for the bonus alerts, you don’t need to do anything. You’ll receive an email notification within minutes of each bonus announcement that we publish. Thanks for all of your help!

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Staci ZaretskyStaci 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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