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Busy Associates Are Rewarded Generously At This Biglaw Firm – Above the Law

Big
bonus
money
continues
to
be
the
big
story
in
Biglaw.
Now
that
the
industry
has
gotten
on
board
with
the
Milbank
bonus
scale

of
both
the

year-end

and

special

variety

the
top
of
Biglaw
is
falling
all
over
themselves
to
show
that
they’re
one
of
the
big
players
in
Biglaw.
The
latest
firm
to
announce
a
Milbank
match
on
associate
bonuses
is
Katten
Muchin
Rosenman.

The
firm
took
in
$781,654,000
in
gross
revenue
last
year,
making
it
#66
on
the
Am
Law
100.
All
that
cash
on
hand
and
the
firm
is
sharing
it
with
associates,
if
they’ve
been
busy
billing,
of
course.

The
year-end
bonus
schedule
at
Katten
is
a
little
more
complex
then
most.
But
associates
can
take
down
market
bonuses
once
they
bill
2,000
hours.
Additional
billables
are
rewarded
as
per
this
chart.
Screenshot 2024-11-26 at 9.27.02 AM

Plus,
there
are
the
special
bonuses
that
associates
can
add
to
their
comp
package
when
they
hit
2,000
hours.
Screenshot 2024-11-26 at 9.27.08 AM

On
top
of
all
these
associate
bonuses,
“superstar”
bonuses
are
also
available
on
a
discretionary
basis.

Bonuses
will
be
paid
on
February
3.
You
can
read
the
full
memo

on
the
next
page
.

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!




Kathryn Rubino HeadshotKathryn
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].


Bonus Time

Enter
your
email
address
to
sign
up
for
ATL’s

Bonus
&
Salary
Increase
Alerts
.