Biglaw

Am Law 100 Firm Offers 200% Profit-Sharing Bonus To Some Of Its Hardest Workers

Congratulations to all!

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Ever since Biglaw bonus season started, we’ve received a slew of emails from law firm support staff wondering what their fate may be as money continues to rain down upon associates. 2020 was an incredibly difficult year for everyone, and it remains important to remember that Biglaw is not made of attorneys alone. After all, it takes an army for law firms this large to run, and the behind-the-scenes battalions of staff members deserve their due, too. That said, many firms have gone out of their way to show their support staff that they truly matter.

The latest firm to dip into their pockets to say thank you to staff is Sheppard Mullin. Last week, on the same day the firm offered special bonuses to associates, staff members were notified that they, too, would be receiving special bonuses. Here’s an excerpt from a memo sent by Ted Tinson, the firm’s chief operating officer:

At the end of the day, while a challenging year in so many ways, 2020 turned out to be a successful financial year for the firm. The Executive Committee, Partners, and I would like to thank you for all of your efforts. One way we do this each year is through our profit sharing bonus. In each of our last two years – also successful years – we have paid at 150% of our target bonus level. For 2020, the Executive Committee has approved a payment of 200% of our target profit sharing level. Each of you who are eligible will be receiving a bonus of two weeks’ salary. We will make that payment in the paycheck of February 5th.

Congratulations to all eligible staff members at the firm!

(Flip to the next page to read the full Sheppard Mullin memo.)

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.

And if you’d like to sign up for ATL’s Bonus Alerts (which is the alert list we also use for 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 all of your help!

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Staci ZaretskyStaci 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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