The winter holidays are just around the corner, but Biglaw firms still have ample time to give their associates the greatest gift of all: More money. Which firm is the latest to let its attorneys unwrap cold, hard cash?
That would be Sullivan & Cromwell. After bringing home $1,864,290,000 gross revenue in 2023, the firm came in at No. 24 in the most recent Am Law 100 ranking. S&C has now spoken out on year-end bonuses. The firm doesn’t publish memos related to compensation, but instead sends out individualized links to its attorneys. According to our sources, the firm is following the market and matching Milbank’s generous year-end and special bonuses. Here’s what the bonus scale looks like at SullCrom:
- Class of 2024 – $15,000 / $6,000
- Class of 2023 – $20,000 / $6,000
- Class of 2022 – $30,000 / $10,000
- Class of 2021 – $57,500 / $15,000
- Class of 2020 – $75,000 / $20,000
- Class of 2019 – $90,000 / $25,000
- Class of 2018 – $105,000 / $25,000
- Class of 2017+ – $115,000 / $25,000
Bonuses at the firm will hit bank accounts on December 23. Congratulations to all Sullivan & Cromwell associates!
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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 Bluesky, X/Twitter, and Threads, or connect with her on LinkedIn.