Another Biglaw Bonus Match To Close Out The Week
Top firm matches bonuses.
Firms are still sending out bonus announcements and on an otherwise sleepy Friday, one more global heavy informed its associates that they’ll follow Milbank’s bonus scale. It’s not a tremendous surprise to see White & Case join the pack in paying the prevailing bonus. The firm is a top ten Am Law outfit and it’s not going to forfeit the talent acquisition race to its peers by skimping on associate compensation.
We’ve not yet seen a memo, but our tipsters told us the announcement matches the market so let’s just remind everyone what the market’s been doing:
Class of 2019 – $15,000 (prorated)
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 and senior – $100,000
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Congratulations White & Case team! Now get back to work in your shiny modern office.
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Joe Patrice is a senior editor at Above the Law and co-host of Thinking Like A Lawyer. Feel free to email any tips, questions, or comments. Follow him on Twitter if you’re interested in law, politics, and a healthy dose of college sports news. Joe also serves as a Managing Director at RPN Executive Search.