Biglaw Firm Offers $20,000 Bonus For New Associates Who Don't Even Work There Yet
Boies Schiller is sharing the love with associates before they even start working.
Just today, Boies Schiller & Flexner announced bank breaking bonuses that pretty much everyone at the firm is excited about. But they aren’t done spreading the good news.
Now, we all know COVID-19 is screwing up pretty much everything, but the law school class of 2020 has taken an especially big hit. The bar exam — ugh, don’t get me started on how screwed up that’s been, there’ve been technical screw-ups, relying on discriminatory tools, and plainly cruel test-taking procedures. And start dates for folks starting at Biglaw — they’ve been all over the place. Some have been pushed back to as late as summer of next year. Between all of this nonsense, you have to imagine it’s been a frustrating time to start your legal career.
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But BSF has revealed a new program designed to make it a little easier for those that are on the precipice of starting their legal career. Though they’ve yet to start work at the firm (they’re scheduled to start next month), they’re still sharing in the firm’s successes — to the tune of $20,000. That’s right: incoming associates will receive sizable welcoming bonuses at BSF. Hell, it’s more than some firms are even giving first years that have been working for a whole year. Impressive.
Here’s the email that incoming associates received today:
Welcome to Boies Schiller Flexner LLP. We are very excited that you are joining the Firm next month. In the meantime, please continue to stay safe. Those of you who received an advance will have the advance forgiven and will receive the difference between your advance and $20,000 as a welcoming bonus; those of you who did not receive an advance will receive a $20,000 welcoming bonus.
Congratulations to those getting a nice payday from BSF before they’ve even billed an hour. And kudos to the firm for sharing the wealth.
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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).