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Top 50 Biglaw Firm Hands Out Year-End Bonuses But Associates Are Left Without Special Bonuses – Above the Law

Biglaw
bonuses
this
year
are
arriving
in
two
varieties.
There
are
the
more
standard
year-end
bonuses,
and
the
special
bonuses
that
actually
began
this
summer
with
Milbank’s
largesse.
But
at
this
point,
the
bonus
news
going
around
Biglaw
is
of
these
double
bonuses.

But
not
every
big
firm

even
those
at
the
top
of
the
industry

has
been
quick
to
give
out
special
bonuses
on
top
of
the
normal
year-end
ones.
Perkins
Coie
made
$1,211,295,000
in
gross
revenue
last
year,
landing
it
in
the
#43
spot
on
the
Am
Law
100.
But
tipsters
at
the
firm
say
they
haven’t
matched
those
coveted
special
bonuses.


Perkins
 Coie
quietly
didn’t
match
the
market.
Memos
came
out
without
any
firm
announcement
and
there
was
no
special
bonus.

Insiders
at
the
firm
say
the
bonus
memos
came
out
last
week,
and
they
were
individualized
without
a
handy
schedule
of
bonuses
for
easy
comparison.
But
that
extra
$6,000-$25,000
in
special
bonus
money
just
wasn’t
there.
Of
course,
the
firm
could
always
delight
with
a
second,
surprise
announcement
of
special
bonuses,
but
no
one
is
counting
on
it.
Tipsters
say
they’re
“disappointed”
but
not
surprised
by
the
firm’s
decision.
Above
the
Law
reached
out
to
Perkins
Coie,
and
we’ll
update
this
story
if
the
firm
has
any
clarification
or
statement.

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

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address
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up
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ATL’s

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&
Salary
Increase
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.