ORRICK — MEMO — 2021 BONUSES
To: US Partner-Track Associates and Of Counsel
Team – Together, we’ve achieved exceptional results for our clients this year. Along the way, you’ve developed your skills as lawyers and trusted advisors, made an impact in our communities and innovated. We hope you take great pride in all of those results and in the professional relationships you have developed.
Beyond Recall And Precision: Strategic Oversight Of AI Managed Review
AI can accelerate document review, but metrics alone aren't enough. Learn how Managing Attorney oversight turns AI-driven review into a more adaptive, strategic and defensible process.
We also believe you should share in the financial results that follow from your hard work and dedication to top quality. In that regard, our Board has decided to match the market increase in the merit bonus scale and the new 2021 one-time special bonus (details below). This is in addition to the Spring and Fall special bonuses we announced earlier in the year. Our hardest working associates and counsel will be eligible for additional merit bonus amounts. We’re excited to share that we’ll also be paying an additional one-time special bonus to our Career Associates and Orrick Analytics Project Attorneys.
As always, our bonus awards program is based on qualitative (an E or VG review) and quantitative measures of performance – and awards are made at the discretion of your practice group leader. They will be prorated as appropriate.
Our 1950 hours guideline for the merit bonus includes up to 100 hours of time devoted to a combination of training, DEI, business development, innovation, and other forms of firm and self-investment, consistent with our policies. It includes time you devote to pro bono clients. And, new this year, it includes up to 40 hours of time devoted to unplugging – so you can take care of yourself and your family. This creditable time is an important reflection of what we collectively value.
We will share some details about our 2022 bonus program with you shortly.
AI Built for Litigation. Verified by Design.
Grounded in authoritative content and verified at every step, Protégé is the only legal AI tool that delivers work you can trust—without exception.
Best wishes for a safe, happy, and healthy holiday season. And, on behalf of all of our partners, thank you for everything you do to make Orrick a great place to work.
Siobhan
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.