Cravath might have been the primary in Biglaw to announce their year-end bonuses, however they’re not the one compensation heavies! Spectators had been ready to what a comp chief, like Milbank, would do now that bonus season has formally arrived. You’ll recall Milbank led the cost 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?
Properly, we’ve our reply. In the present day, Milbank introduced year-end bonuses and they’re a match of the business customary numbers.
The bonus scale is as follows:
The bonuses shall be paid on December thirty first. Congratulations to associates in your bonuses.
Learn the total memo beneath.
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 essential 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 e-mail us (topic line: “[Firm Name] 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 in the event you don’t wish 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 Pondering Like A Lawyer. AtL tipsters are the very best, so please join together with her. Be at liberty to e-mail her with any ideas, questions, or feedback and observe her on Twitter @Kathryn1 or Mastodon @[email protected].
