There may not be a formal memo announcing lockstep bonuses (boo!), but that doesn’t mean the associates at Gibson Dunn have been left out in the cold. As is their usual tradition, the firm gives out individualized bonuses communicated to associates in private review meetings. As is also their usual tradition, the amounts appear to track along the market bonus — with extra cash for particularly high performers.
As one tipster noted:
My understanding is that the firm is generally matching the market, with greater bonuses to high billers. I’m a third year who is receiving the market bonus of a fourth year, for hours billed in excess of 2300. Happy to receive above market bonuses for the extra hours billed!
Congrats to the associates raking in a sweet payday for 2019.
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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).