Boies Schiller Delights With Special Bonuses Of Their Own
Good news for BSF associates!
Woohoo! We’re just about halfway through April and the Biglaw spring special bonuses are still hot news.
Last week, Boies Schiller Flexner announced their own special bonuses, and they’re on par with the market bonus rate, set by Davis Polk last month. Reaction from insiders has been pretty positive, as exemplified by this comment from a tipster:
We are all pretty pleased! Particularly so soon after COVID bonuses were paid!
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
The payment schedule is as follows:
| Year | May 2021 | November 2021 | Total |
| 2020 | $4,500 | $7,500 | $12,000 |
| 2019 | $6,000 | $10,000 | $16,000 |
| 2018 | $12,000 | $20,000 | $32,000 |
| 2017 | $16,500 | $27,500 | $44,000 |
| 2016 | $19,500 | $32,500 | $52,000 |
| 2015 | $22,200 | $37,000 | $59,200 |
| 2014+ | $24,000 | $40,000 | $64,000 |
The firm also clarified that, for associates choosing market compensation (remember associates at BSF can opt into market compensation or for the firm’s own contingency-style bonus structure), these bonuses will be in addition to typical year-end bonuses.
You can read the firm’s full memo on the next page.
Sponsored
Legal AI: 3 Steps Law Firms Should Take Now
The Business Case For AI At Your Law Firm
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
Legal AI: 3 Steps Law Firms Should Take Now
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.
And if you’d like to sign up for ATL’s Bonus Alerts, 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.
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
