Biglaw Firm Bakes Blessings In For Bigger Bonuses
Moneyyyyyyyyyy!
With bonus season underway, firms are scrambling to tell their employees (and competitors) how much their associates can expect to make this year. Baker Botts joined the chorus by announcing bonuses. They reported $733,836,000 in gross revenue and profits per equity partner of $2,457,000 in 2023 according to the most recent Am Law 100, and are matching the Milbank scale for both annual and special bonuses. Here’s the scale:
That amount of money is worth being thankful for!
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Chris Williams became a social media manager and assistant editor for Above the Law in June 2021. Prior to joining the staff, he moonlighted as a minor Memelord™ in the Facebook group Law School Memes for Edgy T14s. He endured Missouri long enough to graduate from Washington University in St. Louis School of Law. He is a former boatbuilder who cannot swim, a published author on critical race theory, philosophy, and humor, and has a love for cycling that occasionally annoys his peers. You can reach him by email at [email protected] and by tweet at @WritesForRent.
