Top Biglaw Firm Offers Stacks Of Cash To Associates In Latest Milbank Match
Another match rolls in, and associates are thrilled by the news!
One by one, Biglaw firms are now falling in line to announce bonus scales, which now include special bonuses on top of year-end bonuses, courtesy of compensation leader Milbank’s generosity.
The latest firm to unleash Milbank moolah upon eager associates is Weil Gotshal & Manges, a firm that brought in $1,829,486,000 gross revenue in 2023, putting it at No. 26 on the most recent Am Law 100.
Here’s what the bonus bonanza looks like at the firm:
Class Year | 2024 Overall Strong Bonus | 2024 Special Bonus |
2024 | $15,000 (prorated) | $6,000 (prorated) |
2023 | $20,000 | $6,000 |
2022 | $30,000 | $10,000 |
2021 | $57,500 | $15,000 |
2020 | $75,000 | $20,000 |
2019 | $90,000 | $25,000 |
2018 | $105,000 | $25,000 |
2017 and more senior | $115,000 | $25,000 |
Congratulations to everyone at Weil!
(Flip to the next page to read the full memo from the firm.)
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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.