Bonuses,
bonuses,
and
more
bonuses!
Yet
another
Biglaw
firm
has
stepped
into
the
2025
bonus
arena,
rolling
out
its
year-end
awards.
While
the
market
continues
to
wait
for
a
leader
—
cough,
Milbank,
cough
—
to
break
from
the
pack
with
something
splashier,
this
latest
announcement
shows
that
firms
are
still
jockeying
for
position
by
offering
bigger
and
better
bonuses
to
their
highest
billers.
Ropes
&
Gray
—
a
firm
that
brought
in
$3,416,636,000
gross
revenue
in
2024,
putting
it
at
No.
7
on
the
most
recent
Am
Law
100
—
has
announced
a
Cravath
match
for
year-end
bonuses
for
those
who
have
met
1900
creditable
hours,
and
a
Milbank
match
for
special
bonuses.
This
is
what
the
firm’s
bonus
scales
look
like
(note
that
for
the
Class
of
2017
and
beyond,
Ropes
is
offering
associates
$15,000
in
additional
bonus
money):
-
Class
of
2025
–
$15,000
/
$6,000
(prorated) -
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
–
$115,000
/
$25,000 -
Class
of
2017+
–
$130,000
/
$25,000
In
addition
to
matching
both
the
year-end
and
the
special
bonus
scales,
the
firm
is
offering
bonuses
that
“may
be
increased
up
to
150%
of
the
year-end
bonus
amounts”
for
those
who
have
billed
“materially
more”
than
their
1900-hour
billable
expectation.
Congratulations
to
everyone
at
Ropes
&
Gray!
Remember
everyone,
we
depend
on
your
tips
to
stay
on
top
of
compensation
updates,
so
when
your
firm
announces
or
matches,
please
text
us
(646-820-8477)
or email
us (subject
line:
“[Firm
Name]
Bonus/Matches”).
Please
include
the
memo
if
available.
You
can
take
a
photo
of
the
memo
and
send
it
via
text
or
email
if
you
don’t
want
to
forward
the
original
PDF
or
Word
file.
And
if
you’d
like
to
sign
up
for
ATL’s
Bonus
Alerts
(which
is
the
alert
list
we
also
use
for
salary
announcements),
please
scroll
down
and
enter
your
email
address
in
the
box
below
this
post.
If
you
previously
signed
up
for
the
bonus
alerts,
you
don’t
need
to
do
anything.
You’ll
receive
an
email
notification
within
minutes
of
each
bonus
announcement
that
we
publish.
Thanks
for
your
help!
Staci
Zaretsky is
the
managing
editor
of
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
to
hear
from
you,
so
please
feel
free
to
email
her
with
any
tips,
questions,
comments,
or
critiques.
You
can
follow
her
on Bluesky, X/Twitter,
and Threads, or
connect
with
her
on Lin