The rapid fire announcing of Biglaw bonuses is continuing. The bonus season began when Milbank took the plunge and announced bonuses. Even though Milbank announced earlier than usual, Cravath quickly matched that scale. That kicked off a frenzy of bonus announcements that we here at Above the Law have just been eating up. Now Proskauer has announced the bonus schedule for their own associates.
The bonus scale that Proskauer announced — the same as the other Biglaw firms that have announced this bonus season — is as follows:
Class of 2019 – $15,000 (pro-rated)
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 – $100,000
Class of 2011 – $100,000
Bonuses will be paid by the firm on December 20th. (Full memo on the next page.)
Remember, we depend on your tips to stay on top of important bonus updates, so when your firm matches, please text us (646-820-8477) or email us (subject line: “[Firm Name] 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.
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Kathryn Rubino is a Senior Editor at Above the Law, and host of The Jabot podcast. AtL tipsters are the best, so please connect with her. Feel free to email her with any tips, questions, or comments and follow her on Twitter (@Kathryn1).