Ho Ho Ho! We Love These Raises And Bonuses!
See what we did there?
Bonus season is always exciting around Above the Law. Mostly because it provides an opportunity to stretch our pun muscles with groan-inducing headlines that you all complain about (but secretly love… we know it).
And when bonuses come packaged with raises… all the better.
You know the drill by now. Hogan Lovells brought in $2,432,000,000 in revenue last year placing them 12th in the Am Law 100. The firm may not have absorbed Shearman this year, but it still ended up with an influx of talent from Stroock & Stroock.
Base compensation set to increase effective January 1.
Class of 2023: $225,000
Class of 2022: $235,000
Class of 2021: $260,000
Class of 2020: $310,000
Class of 2019: $365,000
Class of 2018: $390,000
Class of 2017: $420,000
Class of 2016+: $435,000
Bonuses are as follows:
Class of 2022: $20,000
Class of 2021: $30,000
Class of 2020: $57,500
Class of 2019: $75,000
Class of 2018: $90,000
Class of 2017: $105,000
Class of 2016+: $115,000
Those will be paid in the last paycheck of the year. Additional bonuses available to those who exceeded billing requirements.
Memo reproduced on the next page.
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Joe Patrice is a senior editor at Above the Law and co-host of Thinking Like A Lawyer. Feel free to email any tips, questions, or comments. Follow him on Twitter if you’re interested in law, politics, and a healthy dose of college sports news. Joe also serves as a Managing Director at RPN Executive Search.
