Firms are still sending out bonus announcements and on an otherwise sleepy Friday, one more global heavy informed its associates that they’ll follow Milbank’s bonus scale. It’s not a tremendous surprise to see White & Case join the pack in paying the prevailing bonus. The firm is a top ten Am Law outfit and it’s not going to forfeit the talent acquisition race to its peers by skimping on associate compensation.
We’ve not yet seen a memo, but our tipsters told us the announcement matches the market so let’s just remind everyone what the market’s been doing:
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
Congratulations White & Case team! Now get back to work in your shiny modern office.
Please help us help you when it comes to bonus news at other firms. 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.