Boutique Firm Announces Bonuses ‘Significantly’ Above Market Rates
It’s time for more money at this law firm!
In the race to match Milbank’s generous year-end and special bonuses, boutique law firms have consistently pulled ahead of the prevailing market rate, offering associates more and more money, time and again. The latest boutique firm to announce bonuses is no different.
Perry Law, a litigation boutique that launched in June 2023, is once again offering associates bonuses that beat the Biglaw market standard. As noted yesterday by founding partner E. Danya Perry in a compensation memo, the firm — which paid $5,000 more than market for each class year as recently as last year — is now paying out bonuses that “significantly exceed the Cravath/Milbank rate (including special bonuses).”
Perry Law saw “tremendous success” this year, and the firm’s work has grown by “leaps and bounds,” which may explain its bigger bonuses. All attorneys will receive their bonuses by or before the end of 2024.
Congratulations to everyone at Perry Law!
(Flip to the next page to see the full memo.)
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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.
