A
week
after
Milbank
got
the
bonus
party
started,
and
only
a
couple
of
days
since
Cravath
got
on
board,
Biglaw
firms
are
starting
to
come
around.
So
far,
it’s
mostly
Am
Law
50
firms,
and
the
latest
addition
to
the
associate
bonus
party
is
no
exception.
Today
Dechert,
#39
on
the
ranking
with
$1,293,528,000
in
gross
revenue
last
year,
announced
bonuses.
The
base
bonus
schedule
should
look
familiar
—
it’s
a
match
of
the
Milbank
special
and
year-end
bonuses.
Associates
that
bill
a
total
of
1,950
qualifying
hours
(client,
pro
bono
and
community)
are
eligible
for
these
bonuses,
payable
before
the
end
of
January
2025.
Associates
that
hit
higher
billable
thresholds
are
eligible
for
even
more
cash.
At
the
2,200
mark
associates
can
expect
an
extra
30%.
At
2,400
associates
are
looking
at
a
40%
bump.
Full
details
on
the
bonuses
are
available
in
the
firm’s
memo,
available
in
full
on
the
next
page.
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!
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].
