The
winter
holidays
are
nearly
upon
us,
and
Biglaw
firms
are
rushing
to
stuff
their
associates’
accounts
full
of
cash
—
and
some
firms
are
still
doing
it
now,
even
though
associates
won’t
see
the
money
for
a
few
months.
The
latest
firm
to
match
Milbank’s
generous year-end and special bonus
scales
is
Choate
Hall
&
Stewart,
the
Boston-based
firm
that
brought
in
$327,084,000
gross
revenue
in
2023,
putting
it
at
No.
119
on
the
Am
Law
100.
The
firm
made
its
announcement
yesterday,
specifically
calling
out
the
special
bonus
match
for
all
principals,
associates,
patent
agents,
and
staff
scientists.
Here’s
what
the
scale
looks
like
at
the
firm:
The
firm
also
intends
to
match
the
prevailing
market
rate
on
year-end
bonuses,
noting
that
the
special
bonuses
will
be
paid
out
at
the
same
time
as
their
“customary
annual
market
bonuses”
in
March.
Congratulations
to
everyone
at
Choate!
(Flip
to
the
next
page
to
see
the
full
memo
from
the
firm.)
Remember
everyone,
we
depend
on
your
tips
to
stay
on
top
of
compensation
updates,
so
when
your
firm
announces
or
matches,
please
text
us
(646-820-8477)
or email
us (subject
line:
“[Firm
Name]
Bonus/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.
And
if
you’d
like
to
sign
up
for
ATL’s
Bonus
Alerts
(which
is
the
alert
list
we
also
use
for
salary
announcements),
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.
Thanks
for
your
help!
Staci
Zaretsky is
a
senior
editor
at
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
to
hear
from
you,
so
please
feel
free
to
email
her
with
any
tips,
questions,
comments,
or
critiques.
You
can
follow
her
on Bluesky, X/Twitter,
and Threads, or
connect
with
her
on LinkedIn.
