Sullivan & Cromwell Makes A Move In The 2020 Bonus Games
What goodies does this firm's bonus black box hold?
Biglaw associates, were you hoping that another firm would swoop in and offer more year-end bonus money, forcing other firms that have already matched to up the ante? Keep hoping, because it looks like that extra money won’t be coming from Sullivan & Cromwell this year.
The top 20 Am Law firm already decided to match the Davis Polk special bonuses earlier this fall when other firms of its prestige were unwilling to do so, and now, the firm’s black bonus box has been smashed open, and it looks like the firm is offering associates a straight Baker McKenzie match.
The 2020 year-end bonus scale at SullCrom likely looks like this:
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| Class | Bonus |
| 2019 | $15,000 |
| 2018 | $25,000 |
| 2017 | $50,000 |
| 2016 | $65,000 |
| 2015 | $80,000 |
| 2014 | $90,000 |
| 2013 | $100,000 |
| 2012 and more senior | $100,000 |
Bonuses at the firm will be paid out on December 18, so associates will have some good cheer deposited into their bank accounts before the end of 2020.
(Flip to the next page to read the Sullivan & Cromwell bonus memo in full.)
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.
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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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