More
and
more
Biglaw
firms
are
matching
Milbank’s
incredibly
generous
bonus
scale,
with
year-end
bonuses
and
special
bonuses
ranging
up
to
$140,000
for
associates.
On
Friday
afternoon,
Cadwalader
entered
the
bonus
market
with
a
Milbank
match.
We
believe
the
firm
—
which
brought
in
$551,630,000
gross
revenue
in
2023,
putting
it
at
No.
94
on
the
Am
Law
100
—
is
the
first
outside
of
the
Am
Law
Top
50,
excluding
boutiques,
to
make
this
match.
Here’s
what
bonuses
looks
like
at
Cadwalader:
And
that’s
not
all!
Associates
who
have
recorded
2,200
client
billable
hours
or
more
will
receive
bonuses
equal
to
120%
of
the
firm’s
year-end
bonus
amounts.
Very
exciting
news
for
those
who
are
billing
overtime.
Congratulations
to
everyone
at
Cadwalader!
You
can
look
forward
to
seeing
the
money
in
your
accounts
by
or
before
the
end
of
February
2025.
(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.
