This
bonus
season
has
been
a
mad
dash
to
match
the
Cravath/Milbank
year-end
and
special
bonuses
that
have
become
the
market
standard,
and
as
it
turns
out,
we’re
just
now
hearing
about
one
of
the
early
adopters
of
the
prevailing
bonus
scale.
Back
in
November,
one
of
Biglaw’s
most
successful
firms
gave
associates
a
lot
more
to
be
thankful
for,
just
before
Thanksgiving.
Sources
tell
us
that
on
November
24,
Morgan
Lewis
—
a
firm
that
brought
in
$3,098,511,000
gross
revenue
in
2024,
putting
it
at
No.
10
on
the
Am
Law
100
—
announced
that
it
would
be
matching
the
prevailing
market
rate
for
both
year-end
and
special
bonuses.
On
top
of
all
of
that
cash,
we’ve
been
told
that
associates
with
outstanding
performance
are
eligible
for
additional
“extraordinary”
above-market
bonuses.
Here’s
what
the
year-end
and
special
bonuses
look
like
at
the
firm:
-
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
Associates
at
the
firm
will
see
their
bonuses
come
January
2026.
Congratulations
to
everyone
at
Morgan
Lewis!
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
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on Bluesky, X/Twitter,
and Threads, or
connect
with
her
on LinkedIn.