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Top 50 Biglaw Firm Floods The Market With Even More Cash Bonus Money

Associates will be happily riding this wave of cash.

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DEBEVOISE & PLIMPTON — MEMO — 2021 BONUS ANNOUNCEMENT

We are pleased to announce that the standard year-end bonus schedule this year for U.S.-based associates in good standing, payable by year end, is by class year as outlined below.  In addition, in recognition of your extraordinary efforts during another challenging year, the firm will award one-time special bonuses, in the amounts listed below, to US-based associates in good standing in the classes of 2020 and more senior.

Year-end bonus Special bonus
2021 $15,000 (pro rated) n/a
2020 $20,000 $4,000
2019 $30,000 $6,000
2018 $57,500 $11,500
2017 $75,000 $15,000
2016 $90,000 $18,000
2015 $105,000 $21,000
2014 and senior $115,000 $23,000

The usual pro rations apply to part-time arrangements and lengths of service of less than the entire year.

This has been another year of extraordinary challenges.  Despite those challenges, you have unfailingly met the needs of our clients at the highest level, while also providing invaluable support to your colleagues.

On behalf of all the partners, thank you and best wishes for an enjoyable holiday season.

Michael

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Staci ZaretskyStaci 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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