SHEARMAN & STERLING — 2020 BONUS MEMO
From: David Beveridge
Sent: Wednesday, December 2, 2020 3:30 PM
To: US Track Class Year Associates
Subject: 2020 U.S. Track Associate Bonuses
I am pleased to announce that we will be paying bonuses to U.S. Track associates in good standing. The standard bonus for U.S. Track associates in each class year is as set forth below:
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Class of 2019 – $15,000
Class of 2018 – $25,000
Class of 2017 – $50,000
Class of 2016 – $65,000
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Class of 2015 – $80,000
Class of 2014 – $90,000
Class of 2013 and above – $100,000
As in prior years, individual bonus amounts will be discretionary, based on performance. Associates will be notified by their Practice Group of their individual bonus payments.
Bonuses will be paid on December 18, 2020 to U.S. Track associates who are actively employed at the Firm on that date. For any associate who was on a leave of absence or reduced work schedule in 2020 or who joined the Firm after January 1, 2020, his or her bonus will be pro-rated.
If you have any questions about the bonus, please contact Paula Anderson or Kris Ferranti.
The Pandemic created unprecedented challenges this year, but we have continued to progress due to all of your hard work and extraordinary efforts. On behalf of the partners, we thank you for your outstanding work and dedication to our clients and the Firm.
Dave
David J. Beveridge
Senior Partner
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