One
by
one,
Biglaw
firms
are
now
falling
in
line
to
announce
bonus
scales,
which
now
include
special
bonuses
on
top
of
year-end
bonuses,
courtesy
of
compensation
leader
Milbank’s
generosity.
The
latest
firm
to
unleash
Milbank
moolah
upon
eager
associates
is
Weil
Gotshal
&
Manges,
a
firm
that
brought
in
$1,829,486,000
gross
revenue
in
2023,
putting
it
at
No.
26
on
the
most
recent
Am
Law
100.
Here’s
what
the
bonus
bonanza
looks
like
at
the
firm:
|
Class Year |
2024 Overall Strong Bonus |
2024 Special Bonus |
| 2024 |
$15,000 (prorated) |
$6,000 (prorated) |
| 2023 | $20,000 | $6,000 |
| 2022 | $30,000 | $10,000 |
| 2021 | $57,500 | $15,000 |
| 2020 | $75,000 | $20,000 |
| 2019 | $90,000 | $25,000 |
| 2018 | $105,000 | $25,000 |
|
2017 and more senior |
$115,000 | $25,000 |
Congratulations
to
everyone
at
Weil!
(Flip
to
the
next
page
to
read
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
X/Twitter
and
Threads
or
connect
with
her
on
LinkedIn.
