Thanksgiving
has
come
and
gone,
but
that
doesn’t
mean
that
law
firmsare
done
stuffing
associates’
bank
accounts
with
cold,
hard
cash.
Firms
big
and
small
are
still
matching
Milbank’s
generous
year-end
bonuses
and
special
bonuses.
When
will
your
firm
make
its
announcement?
The
latest
firm
that’s
awarding
bonuses
to
hardworking
associates
is
New
York
mainstay
Seward
&
Kissel,
a
firm
that’s
graced
the
city
that
never
sleeps
for
nearly
135
years.
Here’s
what
the
bonus
grid
looks
like
at
S&K
for
eligible
associates
(i.e.,
those
with
2,000
hours,
of
which
1,850
must
be
billable
hours
and
150
are
“qualified”
non-billable
hours):
-
Class
of
2023
–
$20,000 -
Class
of
2022
–
$30,000 -
Class
of
2021
–
$57,500 -
Class
of
2020
–
$75,000 -
Class
of
2019
–
$90,000 -
Class
of
2018
–
$105,000 -
Class
of
2017+
–
$115,000
Seward
&
Kissel
is
also
matching
the
Milbank
special
bonus
scale,
but
these
are
specifically
tied
to
billable
hours
—
associates
must
have
2,200
total
hours,
with
at
least
1,850
billable
hours
and
150
qualified
non-billable
hours:
-
Class
of
2023
–
$6,000 -
Class
of
2022
–
$10,000 -
Class
of
2021
–
$15,000 -
Class
of
2020
–
$20,000 -
Class
of
2019
–
$25,000 -
Class
of
2018
–
$25,000 -
Class
of
2017+
–
$25,000
Associates
who
“substantially”
exceed
the
eligibility
requirements
for
special
bonuses
at
the
firm
may
receive
an
“increased”
special
bonus.
Congratulations
to
everyone
at
Seward
&
Kissel!
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
X/Twitter
and
Threads
or
connect
with
her
on
LinkedIn.
