It
was
just
over
a
week
ago
that
Milbank
got
the
associate
bonuses
rolling,
now
Cravath
has
entered
the
chat.
For
all
the
initiative
Milbank
has
shown
on
the
associate
compensation
front
—
this
year
in
addition
to
being
the
first
to
announce
year-end
bonuses,
they
were
alone
in
Biglaw
handing
out
summer
special
bonuses
—
the
market
still
waits
to
see
what
Cravath
does
before
falling
in
line.
And
tonight
we
have
the
answer.
Cravath
has
revealed
the
following
bonus
scale
—
of
both
the
end-of-year
and
special
variety.
The
combination
of
those
two
bonuses
match
the
numbers
Milbank
gave
out.
The
bonuses
will
be
paid
in
the
New
York
and
D.C.
offices
on
December
13th;
London
associates
will
get
them
on
December
16th.
And,
as
noted
in
their
memo,
Cravath
bonuses
are
given
without
specific
billable
hours
requirements.
Nice.
Now
that
Cravath
hath
spoken,
we
can
expect
the
biggest
and
most
profitable
Biglaw
firms
to
follow
suit.
So
is
your
firm
matching
*both*
the
year-end
and
special
bonuses?
Let
Above
the
Law
know!
We
depend
on
your
tips
to
stay
on
top
of
important
bonus
updates,
so
when
your
firm
matches
(or
if
they
fail
to
do
so),
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.
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
all
of
your
help!
Read
the
full
memo
below.
Kathryn
Rubino
is
a
Senior
Editor
at
Above
the
Law,
host
of
The
Jabot
podcast,
and
co-host
of
Thinking
Like
A
Lawyer.
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 or
Mastodon
@[email protected].
