Biglaw

Biglaw Firm Hands Out Piles Of Special Bonus Money To Hard-Working Associates

Wow. Exciting news!

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As we wrap up a whirlwind week of Biglaw bonus announcements thanks to Willkie Farr and Davis Polk, we’ll note that it’s not quite done yet, because Biglaw firms are still thrilling their associates with even more money.

It’s not just Friday at this firm, it’s more like FriYAY, because much to everyone’s excitement, special bonuses were just announced.

Gunderson Dettmer — a firm that you may recall as being the O.G. of Biglaw salary raises — has matched the prevailing Davis Polk special bonus scale. Here’s what that looks like at the firm (full memo available on the next page):

Gunderson will be paying out its bonuses in May and September, for all U.S.- and Singapore-based associates and counsel who have annualized at least 1950 billable hours. If anyone misses the cutoff for either period, but finishes the year with 1950 or more hours, they’ll receive an amount equal to what their bonuses would’ve been back in the spring and fall. But wait, there’s more: these special bonuses won’t impact any forthcoming year-end bonuses at the firm.

What happy news. Congratulations to everyone at the firm!

(Flip to the next page to see the full memo from Gunderson Dettmer.)

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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!

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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