Biglaw companies are busy matching the prevailing market fee for bonuses, however at some companies, matching the market scale set by Cravath is barely the beginning. If you need cash, cash, and much more cash, a agency like Cahill Gordon & Reindel is the place to be.
The agency has come excessive but once more on its particular bonuses — by fairly a bit in comparison with what’s being provided by Milbank, which has turn into the agency’s calling card lately. Right here’s what the bonus scale appears like at Cahill:
However that’s not all. The agency goes even farther this 12 months, however providing up much more money for deserving associates. Right here’s a related excerpt from Cahill’s bonus memo:
[A] choose variety of associates within the Lessons of 2018 via 2021 who’ve demonstrated extraordinary efficiency this previous 12 months can be eligible to obtain a brilliant bonus of as much as $200,000 (primarily based on efficiency and seniority), which can be in lieu of the Particular Bonus….
Wow — a six-figure tremendous bonus actually is tremendous! A giant congratulations to everybody at Cahill!
Keep in mind everybody, we rely in your tricks to keep on prime of compensation updates, so when your agency broadcasts or matches, please textual content us (646-820-8477) or email us (topic line: “[Firm Name] Bonus/Matches”). Please embrace the memo if out there. You may take a photograph of the memo and ship it through textual content or e-mail should you don’t wish to ahead the unique PDF or Phrase file.
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Staci Zaretsky is the managing editor of Above the Regulation, the place she’s labored since 2011. She’d love to listen to from you, so please be at liberty to email her with any ideas, questions, feedback, or critiques. You may observe her on Bluesky, X/Twitter, and Threads, or join together with her on LinkedIn.
