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White & Case Matches Special Bonuses -- Which Payout Method Did They Choose?

That's a late one.

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As firms continue throwing their lot in with the new special bonus schedule, about the only drama left is figuring out how firms elect to pay out their bonuses. Will they be April-September or May-November? Will they be equally divided payments or backloaded to the latter date?

White & Case has matched the prevailing market rate, but how did they answer these questions?

It’s a June 28 and December 28 payout — a bit on the late side — and it’s a backloaded payment, so associates had best be ready to stick it out until 2022.

June December 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 & up $24,000 $40,000 $64,000

Bonuses are for associates on track to make their hours for the year. If associates miss the June date but catch up by year’s end, they’ll be made whole.

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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