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Another Biglaw Firm Matches Milbank Scale. Frankly, It’s A Lot Of Money! – Above the Law

Bonuses
season
kicked
off
with
a
bang
after
Milbank
set
the
scale.

Cravath

and

Paul
Hastings

have
already
announced
their
bonuses,
and
more
firms
are
following
suit.

The
most
recent
firm
is
Fried
Frank!
They
reported
$1,008,772,000
in
gross
revenue
in
2023
and
profits
per
equity
partner
of
$4,355,000
in
2023
according
to
the
most
recent
Am
Law
100
and
are
matching
the
Milbank
scale
for
both
annual
and
special
bonuses!

unnamed

While
the
scale
is
a
match,
the
firm
also
offers
a
premium
from
$3000
to
$34,500.
Bonuses
will
be
paid
on
or
before
December
31.

We
like
hearing
about
bonuses
almost
as
much
as
you
enjoy
spending
them.
As
soon
as
your
firm’s
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
Salary
&
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.



Chris
Williams
became
a
social
media
manager
and
assistant
editor
for
Above
the
Law
in
June
2021.
Prior
to
joining
the
staff,
he
moonlighted
as
a
minor
Memelord™
in
the
Facebook
group Law
School
Memes
for
Edgy
T14s
.
 He
endured
Missouri
long
enough
to
graduate
from
Washington
University
in
St.
Louis
School
of
Law.
He
is
a
former
boatbuilder
who
cannot
swim, a
published
author
on
critical
race
theory,
philosophy,
and
humor
,
and
has
a
love
for
cycling
that
occasionally
annoys
his
peers.
You
can
reach
him
by
email
at [email protected] and
by
tweet
at @WritesForRent.


Bonus Time

Enter
your
email
address
to
sign
up
for
ATL’s

Bonus
&
Salary
Increase
Alerts
.