Associate Compensation Scorecard: Biglaw's 2022 Bonus Bash

Is your firm listed here? If not, what are the partners waiting for?

money stack bonus chart 2022Since we broke the news of the market bonus scale for associates at large law firms in the United States — a trend that was started by Baker McKenzie on Monday, November 21, 2022, and finally followed by Cravath on Monday, November 29, 2022 — firms are slowly falling in line to match the scale. When will your firm announce its bonuses?

As usual, we are compiling a table of all the firms that have already matched the new bonus scale, the minimum hours required to receive those bonuses (if available), and the date those bonuses will be paid. Today, we unveil that table for your viewing pleasure. We will update this table on a daily basis, sometimes multiple times, as firms announce bonus news. If you see any information here that is incorrect or needs clarification, tell us.

Help us help you now (and if/when you decide to make a lateral move in the future). Let us know what your firm’s minimum billable hours targets are for bonus eligibility and when your firm will pay those bonuses. You generally must remain at your firm until the payout date to receive them, as stated in most memos, which could make it all the more difficult for you to leave your job.

As a little reminder, we love covering the Biglaw bonus season, but we need your help. As soon as your firm’s bonus memo comes out, please email it to us (subject line: “[Firm Name] Bonus”). We always keep our sources on bonus stories anonymous. There’s no need to send the memo using your firm email account; your personal email account is fine. Please be sure to include the memo as proof; we like to post complete bonus memos as a service to our readers. You can take a photo of the memo and attach as a picture if you are worried about metadata.

Don’t forget, if you’d like to sign up for ATL’s Bonus Alerts, please enter your email address in the box below. 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. Cheers to a happy bonus season, everyone!

Firm Date Matched Minimum Hours Payout Date
Baker McKenzie
Class of 2021: $20K
Class of 2015+: $115K
FIRST MOVER
November 21, 2022
Undisclosed February 10, 2023
Boies Schiller
Class of 2022: $15K (pro-rated)
Class of 2015+: $115K
November 29, 2022 For market bonuses: 2000-2349 hours for regular bonus; 2350-2599 hours for extraordinary bonus ($30K (pro-rated)-$150K); 2600+ hours for extra-extraordinary bonus ($40K (pro-rated)-$165K)) December 2022
Cravath
Class of 2022: $15K (pro-rated)
Class of 2015: $105K
November 29, 2022 None December 16, 2022
McDermott Will & Emery
Class of 2022: $15K (pro-rated)
Class of 2015+: $115K
November 30, 2022 2000 hours (“substantial incremental bonuses” for associates who went “above and beyond” in hours and performance; ~65% of associates will earn above Cravath scale) December 29, 2022
Holwell Shuster
Class of 2022: $15K (pro-rated)
Class of 2016: $105K
November 30, 2022 None On or before December 31, 2022
Skadden
Class of 2022: $15K (pro-rated)
Class of 2016: $105K or $115K
Class of 2015+: $115K or $125K
November 30, 2022 1800 “productive hours” (including unlimited pro bono time and up to 150 hours of productive non-billable work) December 16, 2022
Fried Frank
Class of 2022: $15K (pro-rated)
Class of 2015+: $115K
December 1, 2022 1850-1999 hours for up to 25% of full bonus; 2000-2199 hours for full bonus; 2200-2449 hours for full bonus plus 15% premium; 2450+ hours for full bonus plus 30% premium On or before December 31, 2022
Cleary Gottlieb
Class of 2022: $15K (pro-rated)
Class of 2015+: $115K
December 1, 2022 None December 23, 2022
Davis Polk
Class of 2022: $15K (pro-rated)
Class of 2015+: $115K
December 2, 2022 None December 30, 2022
Paul Weiss
Class of 2022: $15K (pro-rated)
Class of 2015+: $115K
December 2, 2022 None December 22, 2022
Debevoise
Class of 2022: $15K (pro-rated)
Class of 2015+: $115K
December 2, 2022 None Undisclosed
Baker Botts
Class of 2021: $20K
Class of 2015+: $115K
December 2, 2022 None December 31, 2022
Paul Hastings
Class of 2021: $20K
Class of 2015+: $115K
December 2, 2022 2000 hours February 3, 2023
Hogan Lovells
Class of 2021: $20K
Class of 2015+: $115K
December 2, 2022 2000 hours (including up to 150 pro bono hours until associates meet 1850 hours, then unlimited pro bono hours, and including up to 50 D&I hours, if they have billed at least 1800 hours; additional bonuses available for those who exceed hours minimums) December 30, 2022
Milbank
Class of 2022: $15K
Class of 2014: $115K
December 2, 2022 None December 31, 2022
Freshfields
Class of 2022: $15K (pro-rated)
Class of 2015: $115K
December 2, 2022 None December 15, 2022
Ropes & Gray
Class of 2022: $15K (pro-rated)
Class of 2015: $115K
Class of 2014+: $130K
December 2, 2022 1900 creditable hours (increased bonuses for associates who annualized above hourly target) December 23, 2022
Willkie Farr
Class of 2022: $15K (pro-rated)
Class of 2015+: $115K
December 2, 2022 None December 30, 2022
O’Melveny
Class of 2021: $20K
Class of 2015: $115K
December 2, 2022 None February 28, 2023
Morgan Lewis
Class of 2022: $15K (pro-rated)
Class of 2016: $105K
December 2, 2022 1900+ hours (20 of which must be pro bono hours) January 31, 2023
Wilkinson Stekloff
Class of 2022: $22.5K
Class of 2015+: $172.5K
December 5, 2022 None December 15, 2022
Vinson & Elkins
Class of 2022: $15K (pro-rated)
Class of 2015+: $115K
December 5, 2022 Based on hours and good standing; “supplemental bonuses” available for associates who had an “exceptional year” January 31, 2023
Cadwalader
Class of 2022: $15K (pro-rated)
Class of 2015: $115K
December 5, 2022 Additional bonuses “equal to 120% of [market bonuses]” for high billers with 2200 hours or more February 2023
Schulte Roth & Zabel
Class of 2022: $15K
Class of 2013: $115K
December 5, 2022 2000 hours; below 1600 hours, associates receive $5K bonus; at 1600 hours, associates receive 50% of bonus; step-up bonuses from $2.5K to $15K for reaching 2300 hours, 2500 hours, and 2700 hours January 23, 2023
Glenn Agre
Class of 2022: $15K (pro-rated)
Class of 2015+: $115K
December 5, 2022 None (associates eligible for “premium” bonuses based on “extraordinary dedication and/or performance) December 16, 2022
Simpson Thacher
Class of 2022: $15K (pro-rated)
Class of 2015: $115K
December 5, 2022 None December 28, 2022
Clifford Chance
Class of 2022: $15K (pro-rated)
Class of 2015+: $115K
December 6, 2022 None (based on overall performance, quality of work, contributions to firm, teamwork, and pro bono) January 13, 2023
Dechert
Class of 2022: $15K (pro-rated)
Class of 2015+: $115K
December 6, 2022 1950 hours (client billable, pro bono, firm as client, maximum of 50 community hours); associates who exceeded hours expectations eligible to receive an “extraordinary” bonus January 23, 2023
Sheppard Mullin
A1: $20K
C2: $115K
December 6, 2022 2000 hours for base bonus (associates who record 1900 and 1950 hours will receive partial bonuses; associates who record 2200 and 2400 hours will receive 110% and 120% of the market bonus) January 20, 2023
Akin Gump
Class of 2022: $15K (pro-rated)
Class of 2015+: $115K
December 6, 2022 1950 hours (including with pro bono hours, general counsel hours, business development hours, and up to 100 hours of time spent on recruiting, diversity & inclusion, and/or innovation activities); associates with “exceptional” performance will receive larger bonuses February 2023
Kramer Levin
Class of 2022: $15K (pro-rated)
Class of 2015+: $115K
Counsel: Up to $120K
December 7, 2022 Eligible associates in good standing will receive bonuses February 15, 2023
Weil Gotshal
Class of 2022: $15K (pro-rated)
Class of 2015+ and 3-year Counsel: $115K
December 7, 2022 None January 31, 2023
Mayer Brown
Class of 2022: $15K (pro-rated)
Class of 2015+: $115K
December 7, 2022 NY: 1900 client equivalent hours; Outside NY: 2000 hours for base bonus, stub years not included (1900 CE hours required), 2100 hours for $23K-$132K, 2200 hours for $24K-$138K, 2300 hours for $$26K-$149.5K February 17, 2023
Linklaters
Class of 2022: $15K (pro-rated)
Class of 2015+: $115K
December 7, 2022 None December 30, 2022
Allen & Overy
Class of 2022: $15K (pro-rated)
Class of 2015+: $115K
December 8, 2022 None January 16, 2023
Ross Aronstam
Class of 2019: $57.5K
Class of 2015+: $115K
December 8, 2022 None December 15, 2022
Sidley
Class of 2021: $20K
Class of 2014+: $115K
December 8, 2022 2000 hours required for base bonuses; associates with “higher productivity and/or exceptional performance” will receive additional bonuses Prior to December 31, 2022
Cohen Ziffer
Class of 2021: $20K
Class of 2015+: $115K
December 8, 2022 None (potential for larger associate bonuses based on “extraordinary performance or commitment”) December 16, 2022
Proskauer
Class of 2022: $15K (pro-rated)
Class of 2014: $115K
December 8, 2022 None December 23, 2022
White & Case
Class of 2022: $15K (pro-rated)
Class of 2014: $115K
December 9, 2022 Eligibility criteria detailed in separate memo February 13, 2023
McKool Smith
Class of 2022: $15K (pro-rated)
Class of 2015+: $115K
December 9, 2022 Undisclosed; associates who bill more than 2200 hours will receive additional bonuses, up to $170K December 20, 2022
Bursor & Fisher
Not lockstep; above Cravath scale at every level; top bonus of $575K
December 9, 2022 None (based on criteria like business origination and revenue) December 11, 2022
Elias Law Group
Class of 2022: $15K (pro-rated)
Class of 2015+: $115K
December 10, 2022 None (based on performance, billable hours, and firm citizenship); attorneys “exceeding expectations” may receive additional bonus money, while attorneys with work “falling below expectations” may receive bonuses below the baseline December 2022
Winston & Strawn
Class of 2022: $15K (pro-rated)
Class of 2015+: $115K
December 12, 2022 2000 hours for market bonus (additional $2K-$25K for every hundred hours over 2000 for Class of 2018-2021; additional $4K-$30K for every hundred hours over 2000 for Class of 2017+) January 31, 2023
Susman Godfrey
Class of 2020: $85K
Class of 2014: $160K
(medians)
December 13, 2022 None Undisclosed
Hueston Hennigan
All associates in good standing reportedly received above-market bonuses (many at least $10K above market for their class year)
December 13, 2022 Based on class year, hours, and good standing Undisclosed
Perkins Coie
Class of 2021: $20K
Class of 2014+: $115K
December 13, 2022 1950 hours; bonuses are majority lockstep, with some individualized (using this scale as a base); bonuses are different in non-major markets; some offices have high/low ranges for sixth-years and above December 31, 2022
Covington
Class of 2022: $15K (pro-rated)
Class of 2015+: $115K
December 14, 2022 Based on hours (bonus scale increased by 10% for 2200+ hours, increased by another 10% for 2400+ hours) January 2023
Reid Collins & Tsai
Jr. Assoc.: $125K avg bonus
Sr. Assoc.: $150K avg bonus
December 14, 2022 Based on work product and results generated Several times annually
Selendy Gay Elsberg
Class of 2022: $16.5K
Class of 2015+: $126.5K
December 14, 2022 None (some associates will receive even more bonus money “based on a holistic assessment of performance”) December 23, 2022
Fenwick
Class of 2022: $15K (pro-rated)
Tier 1/Level 1: $20K
Tier 3: $115K
December 15, 2022 1950 hours (“Triple R” rewards for associates who bill 2100+ hours, ranging from $3K to $12K; condominium program rewards for associates who made “extraordinary contributions” to the firm) December 30, 2022
Katten Muchin
Class of 2022: $15K (pro-rated)
Class of 2021: $20K
Class of 2015+: $115K
December 16, 2022 2000 hours (2100 hours for $22K-$126.5K; 2200 hours for $24K-$138K; 2300 hours for $26.5K-$149.5K; 2400 hours for $31K-$172.5K); additional “superstar” bonuses available February 1, 2023
DLA Piper
Class of 2021: $20K
Class of 2015+: $115K
December 16, 2022 Based on seniority, performance rating (3, 4 or 5), and total bonus hours (including billable, billable equivalent, pro bono, shadowing, and knowledge management hours); incremental increases for higher bonus hours 50% bonus on December 30, 2022, 50% bonus on January 27, 2023
Gjerset & Lorenz
Class of 2022: $20K
Class of 2015+: $130K
December 16, 2022 2000 hours (2100 hours for $27.5K-$150K; 2200 hours for $35K-$165K) December 31, 2022
Kellogg Hansen
Class of 2020: $57.5K median/$75K high
Class of 2015+: $250K median/$450K high
December 16, 2022 Undisclosed Undisclosed
Kaplan Hecker
Class of 2022: $15K
Class of 2015+: $115K
December 16, 2022 None (associates also received mid-year bonuses ranging from $5K-$15K) December 2022
Massumi + Consoli
Class of 2022: $2.5K
Class of 2016: $105K
December 16, 2022 1900 hours (associates participate in “phantom equity” program that adds more bonus cash to their compensation) December 2022
Orrick
Assoc Year 1 (Fall ’22): $2.5K
Assoc Year 1: $20K
Senior Assoc Year 1+/Of Counsel: $115K
December 16, 2022 1950 hours (including up to 100 hours of a combination of training, DEI, business development, innovation, and other forms of firm and self-investment; pro bono hours; up to 40 hours of time devoted to unplugging) Undisclosed
Shearman & Sterling
Class of 2022: $15K (pro-rated)
Class of 2015+: $115K
December 16, 2022 None (BUT as of year-end, the firm has reportedly been enforcing a 2023 hours requirement to deny 2022 bonuses to associates, by (1) using a 10-month look back period (1/1-10/31); (2) applying a prorated utilization of 2050 hours; and (3) counting only billable and pro bono hours as follows: 110%+ utilization = market bonus; 100-109% utilization = 90% of market bonus; 90-99% utilization = 75% of market bonus; 0-89% utilization = 0% of market bonus) December 30, 2022
Arnold & Porter
Class of 2022: $15K
Class of 2015+: $115K
December 19, 2022 Based on hours (10% additional bonus for 2400-2499 hours; 15% additional bonus for 2500-2599 hours; 20% additional bonus for 2600+ hours) January 31, 2023
Kirkland & Ellis
Individualized, above-market bonuses (but less so than usual)
December 20, 2022 None Undisclosed
Irell & Manella
Class of 2022: $39K (pro-rated)
Class of 2015: $168K
December 20, 2022 None (bonuses inclusive of spring plus year-end 2022, and they average more than 2x total “market” bonuses) December 27 2022
Cozen O’Connor
Class of 2022: $5K (pro-rated)
Class of 2016+: $10K
December 23, 2022 Special bonuses (pro-rated based on hours billed/time when assocs joined the firm) December 30, 2022
Foley Hoag
Class of 2022: $15K (pro-rated)
Class of 2015+: $115K
Counsel: $125K
December 27, 2022 1850 hours (full bonus; full bonus for Class of 2021 regardless of hours); 1700 to 1849.9 hours (70% bonus); 1700 hours and lower (discretionary) December 31, 2022
Wilson Sonsini
Class of 2021: $20K
Class of 2014+: $115K
January 12, 2023 1950 hours (first 40 hours of vacation time included as billable time) January 31, 2023
Latham
1st Year: $20K (base); $20.25K (median)
7th+ Year: $115K (base) $127K (median)
Individualized, above-market bonuses
January 20, 2023 1900 hours (additional bonus money for those who bill higher hours) January 31, 2023
Goodwin Procter
Class of 2021: $20K
Class of 2015+: $115K
January 25, 2023 1950 hours (additional bonus money for those who billed “materially higher” hours) January 2023
Alston & Bird
Class of 2022: $15K
Class of 2021: $20K
Class of 2015+: $115K
January 26, 2023 2000 hours (10% additional bonus money for 2200+ hours; 20% additional bonus money for 2400+ hours) End of March 2023

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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