Matching the prevailing industry standard for year-end bonuses, set early in November by Milbank, is the mark of a top-tier firm. It’s a nice little bit of PR that your firm can be counted among the elite. And the folks at Willkie, Farr & Gallagher are likely welcoming the positive spin — the firm spent chunks of 2019 in the news, but it wasn’t good. If you recall, the now former co-chair of the firm, Gordon Caplan, got snared by the college admissions scandal, and though the firm quickly distanced themselves from Caplan, a change in their PR fortunes is welcomed.
That’s good news for Willkie associates, as they issued a match of the Milbank scale. That grid is as follows:
Class of 2019 – $15,000 (pro-rated)
Class of 2018 – $15,000
Class of 2017 – $25,000
Class of 2016 – $50,000
Class of 2015 – $65,000
Class of 2014 – $80,000
Class of 2013 – $90,000
Class of 2012 – $100,000
Willkie actually made the match way back in mid-November, but a tipster just alerted us to the news. Which brings me to my next point — we can’t do this without you, dear readers! We depend on your tips to stay on top of important bonus updates, so when your firm matches, please text us (646-820-8477) or email us (subject line: “[Firm Name] 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.
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Kathryn Rubino is a Senior Editor at Above the Law, and host of The Jabot podcast. AtL tipsters are the best, so please connect with her. Feel free to email her with any tips, questions, or comments and follow her on Twitter (@Kathryn1).