Biglaw Firm Wows With Bonuses Up To $172,500 -- If You Bill Enough
Associates that've been billing their butts off are being rewarded.
When you’ve had an especially tough year in Biglaw — billing hours like crazy — it’s nice when the firm rewards your efforts with a little something extra in your stocking at the end of the year. Or in the case of Katten Muchin Rosenman, a big something extra — provided you billed enough.
The firm, which took in $713,854,000 in gross revenue last year, making it 68th on the Am Law 100, announced their year-end bonuses today. At 2000 hours, associates will make the same as the prevailing market rate, and it goes up from there, depending on just how busy you’ve been.
The bonus grid at the firm is as follows:
In addition to these elevated bonuses for high billers, there are additional “superstar” bonuses at the firm for well, superstars. Bonuses will be paid on February 1st. You can read the full memo on the next page.
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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).
