Bonus season has formally begun. Cravath, the agency that’s the usual bearer for Biglaw affiliate compensation, has kicked off the 2025 bonus sweepstakes. And Cravath’s not right here for restraint.
The agency introduced year-end bonuses and a spherical of particular bonuses that mirror the Milbank summer season bonuses. As mirrored within the chart beneath, the year-end bonus quantities echo final 12 months’s bonus scale. Perhaps they’re not reinventing the bonus wheel, however there’s a fairly large paycheck headed associates’ means.
New York and D.C. associates will get their bonuses on December twelfth (with no hours requirement, as per ordinary for the agency), whereas London associates should wait an additional week for the cash to hit their accounts.
And since it’s Cravath, each different Biglaw associate simply felt the sudden urge to “circle again” with their govt committees.
Now we await the inevitable parade of matching bulletins. Davis Polk will comply with quickly. Paul Weiss will toss in one thing shiny. Latham will finally make its transfer, assured as at all times. And each affiliate in Biglaw will spend the following 72 hours refreshing their inbox prefer it’s a Taylor Swift ticket queue.
However for now, Cravath has formally fired the beginning gun.
Bonus season is right here. Could your hours be excessive and your disappointment minimal.
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 prime 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 electronic mail us (topic line: “[Firm Name] Matches”). Please embrace the memo, if obtainable. You may take a photograph of the memo and ship it by way of textual content or electronic mail when you don’t wish 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 electronic mail handle within the field beneath this put up. Should you beforehand signed up for the bonus alerts, you don’t must do something. You’ll obtain an electronic mail notification inside minutes of every bonus announcement that we publish. Thanks for your entire assist!
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Kathryn Rubino is a Senior Editor at Above the Legislation, host of The Jabot podcast, and co-host of Pondering Like A Lawyer. AtL tipsters are the most effective, so please join together with her. Be at liberty to electronic mail her with any ideas, questions, or feedback and comply with her on Twitter @Kathryn1 or Mastodon @[email protected].
