Cravath could have been the first in Biglaw to announce their year-end bonuses, however they’re not the one compensation heavies! Spectators have been ready to what a comp chief, like Milbank, would do now that bonus season has formally arrived. You’ll recall Milbank led the charge on 2025 particular bonuses (paying them to associates in September), so would they lead once more at year-end or simply play observe the chief?
Nicely, we have now our reply. At the moment, Milbank introduced year-end bonuses and they’re a match of the business commonplace numbers.
The bonus scale is as follows:
The bonuses might be paid on December thirty first. Congratulations to associates in your bonuses.
Learn the total memo under.
So, is your agency matching *each* the year-end and particular bonuses? Let Above the Legislation know! We rely in your tricks to keep on high of vital bonus updates, so when your agency matches (or in the event that they fail to take action), please textual content us (646-820-8477) or email us (topic line: “[Firm Name] Matches”). Please embody the memo, if obtainable. You may take a photograph of the memo and ship it through textual content or electronic mail when you don’t need to ahead the unique PDF or Phrase file.
Kathryn Rubino is a Senior Editor at Above the Legislation, host of The Jabot podcast, and co-host of Thinking Like A Lawyer. AtL tipsters are the most effective, so please join together with her. Be happy to electronic mail her with any suggestions, questions, or feedback and observe her on Twitter @Kathryn1 or Mastodon @[email protected].
