Biggie might have said Mo Money Mo Problems, but that adage doesn’t hold up in Biglaw. It’s bonus season and big firms are busy showering associates with money to show them just how much they’re appreciated.
At Allen & Overy, bonus time has officially arrived. The good news for associates — well, at least the associates at A&O’s New York, D.C., Los Angeles, Silicon Valley, and Sao Paulo offices — is that the bonus numbers are in, and it’s a match of the prevailing market rate. Which, given the firm made $2,272,016,000 in gross revenue last year, making it 12th on the Global 200 ranking, isn’t much of a surprise.
In case you’ve forgotten the scale, here it is in a handy chart.
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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.
Learning After Law School
Once you’ve got your law degree, how do you keep your professional skills up to date? Share your perspective in this brief survey, and you may be eligible to win a $250 gift card.
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!
Kathryn Rubino is a Senior Editor at Above the Law, host of The Jabot podcast, and co-host of Thinking Like A Lawyer. 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).