More Milbank Money: Bonus Season Rolls On With Another Match
Biglaw bonus bucks spread quickly to this boutique firm.
Now that Cravath has settled into its apparent new role as a market follower, other firms have decided to dutifully fall in line with Milbank’s incredibly early year-end bonus announcement.
Once again, commercial litigation boutique Holwell Shuster & Goldberg — the firm founded by Judge Richard Holwell (formerly of the Southern District of New York) and his former White & Case colleagues Mike Shuster, Dan Goldberg, and Dorit Ungar Black — has taken the lead on compensation and joined Milbank in announcing bonuses, ahead of almost all the other Biglaw firms that will match the market in the days and weeks to come.
Here’s a kind note to associates that was included in the firm’s bonus memo:
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2019 was another great year for the firm as we continued to deliver top notch legal services to our clients, achieve impressive victories on their behalf and add remarkably talented attorneys to our bench. You are all a big part of what makes the firm’s successes possible and why HSG is a very special place to practice law.
Read the full bonus memo on the next page. Money will land in associates’ bank accounts on or before December 31.
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 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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