Woo-hoo!
Biglaw
bonus
season
is
officially
in
full
swing,
with
Biglaw
firms
announcing
their
bonus
schedules
at
a
rapid
clip.
We
can
now
report
that
Cleary
Gottlieb,
ranked
36th
on
the
Am
Law
100
with
$1,491,568,000
in
gross
revenue
in
2023,
has
let
associates
at
the
firm
know
they’ll
be
paid
the
top
of
the
market
compensation.
The
following
scale
is
what
the
firm
announced
today:
As
you
can
see,
it’s
a
match
of
the
Milbank
scale
—
both
the
traditional
annual
ones
and
the
special
bonuses
Milbank
gave
out
back
in
the
summer.
The
bonuses
will
be
paid
out
on
December
20th.
So
is
your
firm
matching
*both*
the
year-end
and
special
bonuses?
Let
Above
the
Law
know!
We
depend
on
your
tips
to
stay
on
top
of
important
bonus
updates,
so
when
your
firm
matches
(or
if
they
fail
to
do
so),
please
text
us
(646-820-8477)
or
email
us (subject
line:
“[Firm
Name]
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
all
of
your
help!
Read
the
full
memo
below.
2024
Bonus
and
2025
Salary
Memorandum
–
Associates
on
the
U
S
Salary
Scale
Kathryn
Rubino
is
a
Senior
Editor
at
Above
the
Law,
host
of
The
Jabot
podcast,
and
co-host
of
Thinking
Like
A
Lawyer.
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 or
Mastodon
@[email protected].
