Biglaw
and
boutique
firms
alike
continue
to
match
—
and
in
some
cases,
offer
cash
in
addition
to
—
Milbank’s
generous
year-end
and
special
bonuses.
The
latest
firm
to
announce
bonuses
is
coming
in
over
the
top
of
Milbank’s
largesse
—
way,
way
over
the
top.
Elite
trial
boutique
Elsberg
Baker
&
Maruri
was
founded
less
than
one
year
ago,
when
David
Elsberg,
a
founding
member
of
Selendy
Gay
Elsberg,
announced
that
he
was
leaving
the
elite
boutique
to
start
his
own
firm,
Elsberg
Baker
&
Maruri,
in
partnership
with
his
former
Quinn
Emanuel
colleagues,
Rollo
Baker
and
Silpa
Maruri.
The
firm
has
already
achieved
remarkable
success,
and
to
that
end,
Elsberg
Baker
&
Maruri
recently
announced
bonuses
that
are
175%
above
the
2024
scale
that
was
set
by
Milbank.
“We
are
excited
to
have
raised
the
bar
for
2024
associate
bonuses
above
the
standard
set
by
Biglaw
and
by
elite
trial
boutiques,”
Elsberg
said.
Check
out
the
firm’s
bonus
scale,
below.
|
Class Year |
Special Bonus |
Year-End Bonus |
Total Bonus |
| 2024 | $6,000 | $26,250 | $32,250 |
| 2023 | $6,000 | $35,000 | $41,000 |
| 2022 | $10,000 | $52,500 | $62,500 |
| 2021 | $15,000 | $100,625 | $115,625 |
| 2020 | $20,000 | $131,250 | $151,250 |
| 2019 | $25,000 | $157,500 | $182,500 |
| 2018 | $25,000 | $183,750 | $208,750 |
| 2017+ | $25,000 | $201,250 | $226,250 |
Elsberg
went
on
to
praise
the
firm’s
associates,
saying
that
they’ve
“performed
brilliantly”
this
year,
and
going
on
to
note
that
“[e]ach
and
every
member
of
our
close-knit
associate
team
deserves
to
share
in
the
successes
they
have
created
through
their
unwavering
support
for
one
another
and
our
clients,
showing
up
again
and
again
with
their
fierce
intellects,
tenacity
and
good
humor
to
deliver
outstanding
results
in
a
busy
inaugural
year
that
has
exceeded
our
very
ambitious
expectations.”
Congratulations
to
everyone
at
Elsberg
Baker
&
Maruri!
(Flip
to
the
next
page
to
see
the
firm’s
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
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and Threads, or
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on LinkedIn.
