Another Biglaw Firm Boards The Spring Special Bonus Train
These bonuses are the new standard in the industry.
All aboard the money train! Yet another Biglaw firm is saying “thank you” to hard-working associates the best way they know how — with money.
Yesterday, Proskauer announced a series of special bonuses for associates, ranging from $12,000 to $64,000, depending on class year. They’ll be given out according to the following schedule to associates in good standing:
Legal AI: 3 Steps Law Firms Should Take Now
| May | November | Total | |
| 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 | $24,000 | $40,000 | $64,000 |
| Class of 2013 | $24,000 | $40,000 | $64,000 |
Read the full announcement on the next page.
As you can see, the firm went with May 14 and November 15 disbursements for the bonuses. And — most importantly — the amount of money matches the generous standard set by Davis Polk.
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.
Sponsored
Legal AI: 3 Steps Law Firms Should Take Now
The Business Case For AI At Your Law Firm
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
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!
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).
Sponsored
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
