More Big Bonus Bucks Are Being Handed Down At This Biglaw Firm

And the firm's youngest associates don't need to worry about meeting billable requirements!

As another hour passes by, another Biglaw firm announces a special bonus. This time around, it’s Schulte Roth & Zabel — a firm that brought in $465,177,000 gross revenue in 2019 — that’s matching the Davis Polk scale.

The firm is offering special bonuses to associates all the way up to the class of 2012, while bonuses for elder classes and counsel will be communicated separately (full memo available on the next page):

Associates at the firm are expected to meet (or exceed) the firm’s customary hours requirements to get these bonuses in hand, but not to worry, because catch-up payments will be available in December to those who miss the mark for the June payout date. The class of 2020 will not be expected to meet any hourly requirement in order to receive the June bonus. How nice. Congratulations to everyone at SRZ!

(Flip to the next page to see the full memo from Schulte Roth & Zabel.)

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.

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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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