World's Largest Law Firm Announces Special Bonuses
Finally! Associates are very happy right now.
The spring 2021 special bonus trend officially started on Friday, March 19, 2021, when Willkie offered associates between $7,500 and $40,000. Willkie’s generosity was quickly one-upped by Davis Polk on Monday, March 22, 2021, when the firm announced it would be offering bonuses ranging from $12,000 and $64,000. It’s been more than a month, and now the world’s largest law firm has finally decided to weigh in on bonuses.
Good things come to those who wait, and Dentons — a firm with almost 11,000 lawyers spread across the globe, with most of them situated in the U.S. — announced yesterday that they’d be matching market bonuses for associates. Here’s what the bonus scale looks like at the firm:
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To receive a full bonus, associates must meet 2,000 creditable billable hours by the end of the year, and those who hit 2,250 hours or more will be entitled to a bit of a bonus boost. Only associates on track to hit their minimum hours will receive bonus money. As noted above, a separate, smaller bonus scale will apply for associates located in Honolulu, Kansas City, and St. Louis. Bonuses will be paid out in July 2021 and January 2022. Congratulations to everyone at Dentons!
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.
And if you’d like to sign up for ATL’s Bonus Alerts (which is the alert list we also use for salary announcements), 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. Thanks for all of your help!
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Staci 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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