The week after Thanksgiving is thought for being sort of a drag, however nothing lightens the temper greater than Biglaw companies asserting that they’re handing out bonuses on high of bonuses on high of bonuses. Which agency is the newest to announce its year-end bonus scale?
That might be Sidley Austin, a agency that took in $3,439,646,000 gross income in 2024, placing it at No. 6 on the newest Am Legislation 100. The elite agency just lately let associates know that it could be matching the Cravath scale, full with Milbank’s summer season bonuses, for individuals who have met their 2000-hour billable requirement. Those that weren’t in a position to meet the minimal “could also be acknowledged with partial bonuses.” Right here’s what the bonus scale appears to be like like at Sidley:
Associates who’ve gone above and past — i.e., those that have “greater productiveness and/or distinctive efficiency” — will probably be rewarded with much more cash. Listed here are the main points:
As in prior years, we additionally acknowledge associates who’ve greater productiveness and/or distinctive efficiency with extra bonuses that exceed the bottom bonus quantities, leading to these associates receiving greater than the bottom bonus for his or her class 12 months, and in some instances greater than 50% above base bonus.
Bonuses will hit financial institution accounts previous to December 31, 2025. Congratulations to everybody at Sidley!
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 embrace the memo if accessible. You’ll be able to take a photograph of the memo and ship it by way of textual content or e mail when you don’t need to ahead the unique PDF or Phrase file.
And when you’d like to join ATL’s Bonus Alerts (which is the alert record we additionally use for wage bulletins), please scroll down and enter your e mail tackle within the field under this publish. In case you beforehand signed up for the bonus alerts, you don’t must do something. You’ll obtain an e mail notification inside minutes of every bonus announcement that we publish. Thanks on your assist!
Staci Zaretsky is the managing editor of Above the Legislation, 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 suggestions, questions, feedback, or critiques. You’ll be able to observe her on Bluesky, X/Twitter, and Threads, or join together with her on LinkedIn.
