Good News For Associates Achin' For A Bonus

Spring bonuses come to the nation's capital!

As spring special bonuses roll through Biglaw, associates who work at firms that *haven’t* ponied up the big bucks are in a waiting game. Will their firm flex its financial muscle and show associates some love (read: cash)? Well, folks at D.C.-based Akin Gump just got good news —  the firm announced their bonuses.

Akin is rolling out bonuses that match the prevailing market standard, as set by Davis Polk. It was expected, but still nice to see.

Associates in good standing will be paid bonuses according to the following scale:

May 15 Payment Amount October 15 Payment Amount Total Bonus Amount
Class of 2020 $4,500 $7,500 $12,000
Class of 2019 $6,000 $10,000 $16,000
Class of 2018 $12,000 $20,000 $32,000
Class of 2017 $16,500 $27,500 $44,000
Class of 2016 $19,500 $32,500 $52,000
Class of 2015 $22,200 $37,000 $59,200
Class of 2014 and senior $24,000 $40,000 $64,000

And the firm notes, “[a]s we are only a quarter into the year, productivity will not be factored into the May bonus.”

Congrats!

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headshotKathryn 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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