Biglaw
firms
keep
rolling
out
bonuses
as
the
year
draws
to
a
close,
and
associates
couldn’t
be
happier
about
it
—
especially
when
there’s
extra
bonus
money
to
be
had.
The
latest
firm
to
meet
the
market
in
terms
of
matching
Milbank’s
generous
year-end
and
special
bonuses
is
Winston
&
Strawn,
a
firm
that
brought
in
$1,190,728,000
gross
revenue
in
2023,
putting
it
at
No.
44
on
the
Am
Law
100. Here’s
what
the
bonus
and
salary
scale
looks
like
at
the
firm:
As
usual,
associates
must
meet
their
minimum
hours
threshold
—
and
we
believe
that’s
2000
hours
—
for
bonus
eligibility,
and
when
it
comes
to
Winston’s
special
bonuses,
they
will
be
awarded
with
the
following
guidance:
•
Associates
who
meet
or
exceed
their
hours
targets:
100%
of
special
bonus
•
Associates
who
meet
75%
or
more
of
their
hours
targets:
75%
of
special
bonus
•
Associates
who
are
between
50%
and
74%
of
their
hours
targets:
50%
of
special
bonus
•
Associates
who
are
under
50%
of
their
hours
targets:
no
special
bonus
If
you’ve
met
your
hours
qualifications
at
the
firm,
there’s
some
great
news
waiting
for
you.
Associates
who
have
“substantially”
exceeded
their
productivity
goals
will
receive
additional
bonuses,
on
top
of
their
year-end
and
special
bonuses.
Now
that’s
something
to
celebrate!
Congratulations
to
everyone
at
Winston
&
Strawn!
Associates
are
sure
to
have
a
happy
New
Year
when
bonus
money
hits
their
accounts
at
the
end
of
January
2025.
(Flip
to
the
next
page
to
read
the
firm’s
bonus
memo
in
full.)
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 Bluesky, X/Twitter,
and Threads, or
connect
with
her
on LinkedIn.
