This Brand New Firm Hasn't Even Reached Its One-Year Birthday And It's Offering Cravath Bonuses To Associates
Small firm, big bonuses. Congratulations!
Just because a firm is less than a year old doesn’t mean that it can’t compete with Biglaw. Take, for example, the boutique firm Glenn Agre Bergman & Fuentes. Started by a group of former Kasowitz Benson attorneys and focused on bankruptcy and restructuring, white-collar litigation and investigations, and general commercial litigation, the firm threw open its doors in February 2021, and has already matched the latest Biglaw salary scale. Now, the firm is offering up Biglaw bonuses to its associates.
Here’s what the bonus scale looks like at Glenn Agre:
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Associates at the firm are eligible to receive “premium” bonuses above the amounts listed above based on “extraordinary dedication and/or performance.” Based on one associate’s account of these bonuses, we think it’s fair to say that everyone at the firm is excited as can be: “It’s a glorious time!”
Bonuses will be paid out on December 17 to all associates in good standing. Congratulations to Glenn Agre on a banner first year!
(Flip to the next page to read the full memo from Glenn Agre.)
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.
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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!
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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