Biglaw

Biglaw Firm Finally Gets In On The Special Bonus Action

Associates will cash in -- if they bill enough.

All,

 

The firm is excited to announce that we will be paying US associates special bonuses this year at the rates included below.

 

The bonuses will be paid in two parts: the first in July and the second in December.  We appreciate how hard everyone is working and want to reward special effort with these bonuses.  Therefore, to be eligible for the July bonus, associates must be at 100% of budget, based on billable work alone, on June 30, 2021.   To be eligible for the December bonus, associates must be at 100% of budget, based on billable work alone, on November 30, 2021.   If an associate is not eligible for the July bonus on June 30, but becomes eligible for the December bonus by November 30, the July bonus will be paid retroactively.  Associates must be employees of the firm in good standing on the dates bonuses are paid to receive them.  Associates who have adjusted budgets, other than due to parental leave, will receive bonuses prorated to their budgets.

 

These special bonuses are in addition to any work effort bonuses awarded in February of 2022 for full-year performance, which will be awarded based on the same eligibility criteria as used in past years.

 

Level July December Total
1 $4,500 $7,500 $12,000
2 $6,000 $10,000 $16,000
3 $12,000 $20,000 $32,000
4 $16,000 $28,000 $44,000
5 $19,000 $33,000 $52,000
6 $22,200 $37,000 $59,200
7+ $24,000 $40,000 $64,000

 

Please let us know if you have any questions.

 

Brigid Benitez and Will Drake

Professional Development Committee Co-Chairs

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