Top 50 Biglaw Firm Gets On Board With Special Spring Bonuses For Associates

Everyone's pretty happy with these bonuses!

Much like the weather, bonus season is heating up!

After getting roasted by legal industry observers for sending out chocolate eggs (with Shearman branding, natch) while other Biglaw firm were announcing bonuses, Shearman & Sterling has decided the time has come to announce the market rate bonuses everyone pretty much assumed were in the offing. And you can buy yourself A LOT of chocolate with special bonuses this big!

The firm, ranked 42nd in the Am Law 100 with $968,164,000 gross revenue in 2019, will be matching the bonus scale set by Davis Polk, with July and October payment dates. And, as has become increasingly common, the second bonus payment will be the larger of the two:

Full memo is available on the next page.

Congrats!

Please help us help you when it comes to bonus news at other firms. As soon as your firm’s bonus memo comes out, please email it to us (subject line: “[Firm Name] Bonus”) or text us (646-820-8477). 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.

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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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