One
by
one,
slowly
but
surely,
Biglaw
firms
are
meeting
the
moment
to
match
Milbank’s
generous
year-end
and
special
bonuses.
We’re
now
hearing
that
one
of
Biglaw’s
most
successful
firms
gave
associates
a
lot
more
to
be
thankful
for,
just
before
Thanksgiving.
Sources
tell
us
that
on
November
27,
Morgan
Lewis
—
a
firm
that
brought
in
$2,898,514,000
gross
revenue
in
2023,
putting
it
at
No.
10
on
the
Am
Law
100
—
left
voicemails
for
all
associates,
detailing
a
match
for
the
prevailing
market
rate
for
both
year-end
and
special
bonuses.
On
top
of
all
of
that
cash,
we’ve
been
told
that
associates
with
“outstanding”
reviews
may
be
eligible
for
additional
merit-based
bonuses.
Here’s
what
the
year-end
and
special
bonuses
look
like
at
the
firm:
-
Class
of
2023
–
$20,000
/
$6,000 -
Class
of
2022
–
$30,000
/
$10,000 -
Class
of
2021
–
$57,500
/
$15,000 -
Class
of
2020
–
$75,000
/
$20,000 -
Class
of
2019
–
$90,000
/
$25,000 -
Class
of
2018
–
$105,000
/
$25,000 -
Class
of
2017+
–
$115,000
/
$25,000
Congratulations
to
everyone
at
Morgan
Lewis!
Those
hard-earned
bonus
checks
will
hit
bank
accounts
on
January
31,
2025.
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.
