Milbank set off the bonus season a little early this year and firms have taken their sweet time in matching. But now that we’re less than two weeks from Christmas, firms are finally comfortable letting the bonuses fly and they are flying today.
Morgan Lewis joins the ranks of the Biglaw bonus crowd with a full Milbank match for all U.S. associates in good standing and sitting at over 1900 hours (billable plus pro bono). Well, maybe not a full match because the Morgan Lewis fiscal year starts on October 1, meaning there are no pro-rated bonuses for the folks that just showed up. So that means we’re looking at something like this:
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 on January 31. All associates have to do is correctly spell “Bockius” without looking.
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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.