Biglaw Firm Is Cooking Up Some Big Bonuses For Associates

Nothin' says lovin' like cold, hard cash.

onDecember 14, 2021 at 5:32 PMDecember 20, 2021 at 5:01 PM

Yellow Smiling Cartoon Face Show Tongue Money Rich Emoji People Emotion Icon It’s that time of the year when Biglaw bonus announcements are dropping like hot cakes. It seems like every firm is eager to show their associates some appreciation — and hopefully get them to stay put during a particularly active lateral market.

So, what’s baking over at Pillsbury Winthrop? Why, it’s a bonus announcement! Just like you wanted! With $723,452,000 in gross revenue in 2020 making it 62nd on the Am Law 100, the firm has the cash to spread around. And Pillsbury is doing just that, matching the market bonuses — in both the annual and special flavors that are making the rounds in Biglaw.

The scale, in case you’ve forgotten, is as follows:

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Plus the firm’s “super bonus” program — where eligible associates can earn up to an additional $50,000 on top of these numbers — is still in effect.

You can read the full memo on the next page.

*** Wondering if the grass is greener on the in-house side? Click here for a look inside the black box of corporate counsel pay in our 2021 In-House Compensation Report. ***

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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.

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).