Elite Boutique Drops Big Bucks On Associates With Milbank Bonus Match
There’s nothing like a tidal wave of cash to make associates feel like they’re truly valued. Congrats!
A rising tide of Biglaw bonus bucks lifts all law firm boats — including the elite boutiques. With Cravath’s blessing over the Milbank year-end and special bonus scale, leading law firms are rushing to make their own compensation announcements. As usual, commercial litigation boutique Holwell Shuster & Goldberg is ready, willing, and able to match Biglaw’s best when it comes to bonuses.
The firm — founded in 2012 by former Southern District of New York Judge Richard Holwell, along with former White & Case colleagues Mike Shuster, Dan Goldberg, and Dorit Ungar Black — is a destination for litigators who want to be paid well and gain trial experience early in their careers. A leader when it comes to early bonus announcements, HSG is matching the prevailing bonus scale set by Milbank. This is what that looks like at the firm:
Here’s a kind note to associates that was included in the firm’s bonus memo:
We are proud of our continued delivery of top-notch legal services and impressive victories on behalf of our clients. You are all a big part of what makes the firm successes possible and why HSG remains a very special place to practice law.
Money will land in associates’ bank accounts on or before December 31.
Congratulations to everyone at Holwell Shuster & Goldberg!
(Flip to the next page to read the full memo from the firm.)
Remember everyone, we depend on your tips to stay on top of compensation updates, so when your firm announces or matches, please text us (646-820-8477) or email us (subject line: “[Firm Name] Bonus/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.
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 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 X/Twitter and Threads or connect with her on LinkedIn.
