One after the other, Biglaw companies proceed to fall in line to match what’s now been acknowledged because the market bonus scale as blessed by Cravath.
The newest agency to take action is none apart from Debevoise & Plimpton, which introduced in $1,623,000,000 gross income in 2024, and it’s a straight match.
“On behalf of the entire companions, thanks in your dedication to our shoppers and the Agency, your excellent shopper service, and your dedication to impactful professional bono work that has benefited our communities and society,” presiding companion Peter Furci and deputy presiding companion Nicole Mesard wrote in a memo to all attorneys on the agency. “You signify Debevoise at its best.”
Check out what the dimensions appears like on the agency:
| 12 months-end bonus | Particular bonus | |
| Class of 2025 | $15,000 (professional rated) |
$6,000 (professional rated) |
| Class of 2024 | $20,000 | $6,000 |
| Class of 2023 | $30,000 | $10,000 |
| Class of 2022 | $57,500 | $15,000 |
| Class of 2021 | $75,000 | $20,000 |
| Class of 2020 | $90,000 | $25,000 |
| Class of 2019 | $105,000 | $25,000 |
| Class of 2018 and senior | $115,000 | $25,000 |
Congratulations to everybody at Debevoise!
Keep in mind everybody, we rely in your tricks to keep on high of compensation updates, so when your agency broadcasts or matches, please textual content us (646-820-8477) or e-mail us (topic line: “[Firm Name] Bonus/Matches”). Please embody the memo if out there. You possibly can take a photograph of the memo and ship it through textual content or e-mail in case 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 e-mail her with any ideas, questions, feedback, or critiques. You possibly can comply with her on Bluesky, X/Twitter, and Threads, or join together with her on Lin