Biglaw Firm Gives Associates Welcome News -- Bonuses!
It's bonus season, baby!
It’s the most wonderful time of the Biglaw year! As the day inches closer and closer to quittin’ time (as if that’s even a thing in Biglaw), everyone is desperate for something — anything — to distract them until their (appropriately socially distant) Thanksgiving plans can begin.
Well, we can thank Debevoise for the perfect bonus memo distraction.
Today, Debevoise announced year-end bonuses, in line with the prevailing market rate. The bonus scale is as follows (you can read the full memo on the next page):
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Class of 2020: $15,000 (prorated)
Class of 2019: $15,000
Class of 2018: $25,000
Class of 2017: $50,000
Class of 2016: $65,000
Class of 2015: $80,000
Class of 2014: $90,000
Class of 2013+: $100,000
Back in September, Debevoise was among the Biglaw firms to hand out COVID appreciation bonuses. Those special bonuses range from $7,500 to $40,000, depending on class year, and are in addition to the year-end bonus numbers. So yeah, Biglaw associates have a lot to be thankful for!
As always, we depend on you when it comes to bonus news at other firms. As soon as your firm’s bonus memo comes out, please email it to us (subject line: “[Firm Name] Bonus”) or text us (646-820-8477). 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, 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.
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Kathryn 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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