Biglaw

Biglaw Firm Delights With Up To $40,000 Extra In Bonus Money For Big Billers

A nice thank you for those who have had an extra busy year.

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Complain and you shall receive. Not just a few hours ago I was whining about the relative slowness of this year’s Biglaw bonus announcements. Yes, it is understandable since Milbank’s surprise move the first week of November bumped up the usual timeline. But still, I want more bonus announcements, and I’m sure a lot of you agree.

Well, looks like Schulte, Roth & Zabel heard me. Today, they announced the following bonus scale:

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 – $100,000
Class of 2011 – $100,000
Class of 2010 – $100,000

Plus, the firm will give extra money if associates hit the 2,300 and 2,500 billable-hour marks with $20,000 and $40,000, respectively.

(Full memo on the next page.)

Remember, 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 all 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 your help!

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headshotKathryn Rubino is a Senior Editor at Above the Law, and host of The Jabot podcast. AtL tipsters are the best, so please connect with her. Feel free to email her with any tips, questions, or comments and follow her on Twitter (@Kathryn1).

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