Elite Biglaw Firm Announces Bountiful Special Bonuses
Biglaw firms are saying 'thank you' in the best way they know how -- with money.
PAUL HASTINGS — MEMO — SPECIAL BONUSES
The hard work and resiliency that each of our Associates have demonstrated over the last year reflect the quality of talent at Paul Hastings, as well as the vitality and importance of the work we are being asked to lead on behalf of clients. The efforts of our Associates have contributed to an especially strong start to this year and have reinforced our leadership and relevance in the market and standing as an elite institution.
In recognition and appreciation of these contributions, we are pleased to announce Special Bonuses will be awarded to eligible Associates in May and October. These special bonuses are intended to be separate and apart from any year-end discretionary bonus paid in respect of 2021.
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The following table reflects the Special Bonus figures by class year for U.S., Asia, London, Frankfurt, and São Paulo offices.
| Class Year | Spring (USD) |
Fall (USD) |
| 2014+ | $24,000 | $40,000 |
| 2015 | $22,200 | $37,000 |
| 2016 | $19,500 | $32,500 |
| 2017 | $16,500 | $27,500 |
| 2018 | $12,000 | $20,000 |
| 2019 | $6,000 | $10,000 |
| 2020 | $4,500 | $7,500 |
Bonuses will be paid on or around May 28, 2021 and October 29, 2021 to eligible Associates in good standing, subject to applicable criteria. We will share more details next month.
Please contact the compensation team if you have any immediate questions.
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On behalf of the partnership, we thank our Associates for their commitment to excellence and greatly appreciate their contributions to the success of the Firm.
With our gratitude,
Erik Hyman & Melanie Rupert
Global Co-Chairs, Talent Development
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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