Cravath introduced its year-end bonus scale — full with Milbank’s particular bonuses — only a few hours in the past, and we’ve formally bought our first bonus match.
We’ve now confirmed that Paul Hastings — which reported $2,235,739,000 in gross income and earnings per fairness companion of $6,715,000 in 2024 in keeping with the newest Am Regulation 100 — has chosen to make use of the Cravath scale for its year-end bonuses:
- Class of 2024 – $20,000
- Class of 2023 – $30,000
- Class of 2022 – $57,500
- Class of 2021 – $75,000
- Class of 2020 – $90,000
- Class of 2019 – $105,000
- Class of 2018+ – $115,000
Paul Hastings can be matching the Milbank particular bonus scale, and that is what they’ll seem like on the agency:
- Class of 2024 – $6,000
- Class of 2023 – $10,000
- Class of 2022 – $15,000
- Class of 2021 – $20,000
- Class of 2020 – $25,000
- Class of 2019 – $25,000
- Class of 2018+ – $25,000
Congratulations to everybody at Paul Hastings!
Bear in mind everybody, we rely in your tricks to keep on prime of compensation updates, so when your agency proclaims 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’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 wish to ahead the unique PDF or Phrase file.
And when you’d like to enroll in ATL’s Bonus Alerts (which is the alert listing we additionally use for wage bulletins), please scroll down and enter your e-mail handle within the field beneath this put up. When 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 to your assist!
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 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.
