This Top 50 Biglaw Firm Is Offering Associates Bonuses On Top Of Bonuses On Top Of Bonuses
These compensation incentives are HUGE!
Biglaw firms have been announcing bonus matches left and right since earlier this month, so associates at top firms that have been silent on year-end compensation thus far are getting pretty antsy. Where’s the money, you mofos? Well, at one firm that literally goes by MoFo, the money has finally arrived.
We’ve now confirmed that Morrison & Foerster — a firm that brought in $1,343,000,000 gross revenue in 2023, putting it at No. 38 in the most recent Am Law 100 — has chosen to match Milbank’s generous year-end and special bonus scales this holiday season. On top of their base bonuses, associates at the top firm are also eligible to receive not one, but two additional bonuses on top of their special bonus payments. Here’s what the bonus grid looks like at the firm:
Now THIS is a law firm that’s willing to go above and beyond to offer compensation incentives to reward its hardworking attorneys.
As noted in the firm’s bonus memo, “[t]his structure allows us to reward our highest performing associates for their extraordinary work this year.” MoFo’s most senior associates will have the opportunity to walk away with bonuses up to $218,200, which is simply amazing.
Congratulations to everyone at Morrison & Foerster!
(Flip to the next page to see 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 Bluesky, X/Twitter, and Threads, or connect with her on LinkedIn.