As associates wound up their work before Thanksgiving, another firm sent around a bonus announcement that didn’t reach the Above the Law offices until just now. This is a good time to remind everyone that we rely on our army of tipsters to keep us in the loop. Thankfully, one firm tipster noticed that we hadn’t reported on this bonus yet and sent it in. But don’t wait until a few days go by — we’d prefer to hear about the bonus 20 times than miss it for a day.
Stroock & Stroock & Lavan just joined the bonus game and followed suit as one would expect. From a tipster:
Stroock gave thanks to its associates last week by matching the Cravath scale in 2019 for bonuses in NY and DC (Class of 2019 – $15,000 (prorated), Class of 2018 – $15,000, Class of 2017 – $25,000, Class of 2016 – $50,000, Class of 2015 – $65,000, Class of 2014 – $80,000, Class of 2013 – $90,000, Class of 2012 and senior – $100,000), while associates in LA and MI will receive market bonuses. As in prior years, associates with very high billable hours will also be eligible for an additional “super” bonuses that exceed the Cravath scale.
Congratulations to the Stroockies out there.
And if you are looking to help us out with bonus tips, as soon as your firm’s bonus memo comes out, please email it to us (subject line: “[Firm Name] Bonus”) or text us (646-820-8477). 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, 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.
Joe Patrice is a senior editor at Above the Law and co-host of Thinking Like A Lawyer. Feel free to email any tips, questions, or comments. Follow him on Twitter if you’re interested in law, politics, and a healthy dose of college sports news. Joe also serves as a Managing Director at RPN Executive Search.