Biglaw
firms
are
beginning
to
crack
and
differentiate
in
their
matches
(or
not)
of
Milbank’s
generous
year-end
and
special
bonuses,
but
boutique
firms
are
continuing
to
hold
steady,
offering
truly
eye-popping,
market-beating
bonus
numbers
to
their
loyal
associates.
Gjerset
&
Lorenz,
a
healthcare
boutique
located
in
Austin,
Texas,
is
offering
up
some
gigantic
bonuses
that
are
sure
to
make
associates
feel
truly
valued.
Once
again,
the
firm
is
offering
base
bonuses
on
the
Milbank
scale
for
1900
hours
billed,
and
for
every
hundred
hours
billed
above
that,
even
more
money
is
added,
up
to
$165,000
for
its
busiest
senior
associates.
On
top
of
that,
the
firm
awards
associates
with
individualized
merit
bonuses
based
on
“contributions
to
training,
recruiting,
innovation,
cultivation
of
client
relationships,
and
positive
enhancements
to
[the]
firm’s
work
environment.”
Check
out
Gjerset’s
bonus
grid,
which
details
maximum
bonus
potential
of
up
to
$330K.
But
that’s
not
all!
The
firm
is
offering
additional
bonuses
on
top
of
its
already
huge
bonuses,
to
be
paid
out
over
the
next
four
quarters,
with
the
first
installment
due
on
March
31,
2025.
“We
made
the
decision
to
pay
an
additional
bonus
throughout
this
coming
year
to
recognize
the
amazing
success
we
experienced
in
2024
and
the
importance
of
your
individual
contribution
to
that
success,”
write
the
partners.
Congratulations
to
everyone
at
Gjerset
&
Lorenz!
(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 Bluesky, X/Twitter,
and Threads, or
connect
with
her
on LinkedIn.
