While
Biglaw
firms
are
scrambling
to
match
Milbank’s
generous
year-end
and
special
bonuses,
boutique
firms
really
mean
business
when
it
comes
to
compensation.
They
recruit
the
best
and
brightest
lawyers
and
reward
them
handsomely
with
top
bonuses
that
often
exceed
the
market.
The
latest
boutique
to
announce
bonuses
for
associates
is
no
different.
Selendy
Gay
just
announced
that
it
would
be
blowing
away
the
market
bonus
scale
for
the
seventh
year
in
a
row.
This
is
what
base
bonuses,
plus
special
bonuses,
look
like
at
the
elite
boutique:
|
Class Year |
Regular Bonus |
Special Bonus |
Combined Bonus |
| 2017+ | $132,250 | $25,000 | $157,250 |
| 2018 | $120,750 | $25,000 | $145,750 |
| 2019 | $103,500 | $25,000 | $128,500 |
| 2020 | $86,250 | $20,000 | $106,250 |
| 2021 | $66,125 | $15,000 | $81,125 |
| 2022 | $34,500 | $10,000 | $44,500 |
| 2023 | $23,000 | $6,000 | $29,000 |
| 2024 | $17,250 | $6,000 | $23,250 |
Selendy’s
bonuses
are
already
15%
higher
than
the
Biglaw
numbers
across
the
board
—
but
some
associates
will
wind
up
receiving
bonuses
up
to
more
than
50%
higher
than
the
prevailing
market
rate,
based
on
performance,
hours,
and
firm
citizenship.
These
huge
bonuses
will
hit
bank
accounts
on
December
13.
Congratulations
to
all
Selendy
Gay
associates
on
their
big-time
bonuses!
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.
