Biglaw Bonuses Blossom This Spring As Another Major Biglaw Firm Announces Special Bonuses
More bonuses are sprouting up in Biglaw!
Leo Tolstoy may have said spring is the time of plans and projects, but in Biglaw — at least in 2021 — it’s also the time of bonuses.
Yes, another Biglaw firm has announced a second round of special bonuses (last fall marked the first round) to thank associates for their hard work during the tumultuous season of COVID-19 — which has turned out to be pretty profitable for the top of the legal sector. Yesterday, Cleary Gottlieb announced they too would match the spring special bonus scale set earlier this week by Davis Polk.
Below is the schedule Cleary will use to hand out bonuses:
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You can read the full memo on the next page.
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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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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