The law firm of choice for internationally focused companies

+263 242 744 677

admin@tsazim.com

4 Gunhill Avenue,

Harare, Zimbabwe

It’s Time For Bonuses That Are WAY Above Market At This Biglaw Firm – Above the Law

We’re
more
than
halfway
through
Hanukkah,
Christmas
is
nearly
upon
us,
and
Biglaw
bonus
season
is
still
going
strong.
In
fact,
it’s
going

really

strong
at
some
firms.
Irell
&
Manella
is
making
sure
that
its
associates
end
the
year
on
a
high
note
with
bountiful
bonuses.

Irell
pulled
in
$143,500,000
gross
revenue
in
2021,
putting
it
in
184th
place
on
the
Am
Law
200
ranking.
Once
again,
the
firm
is
offering
its
associates
major
bonus
bucks.
“In
consideration
of
your
exceptional
contributions
to
the
firm’s
success
over
the
last
year,
we
are
thrilled
to
once
again
be
paying
bonuses
that
are
substantially
above
market
at
all
associate
class
levels,”
writes
partner

Keith
Orso
,
who
serves
on
the
firm’s
management
committee. “More
specifically,
while
the
exact
ratios
vary
by
class
level,
our
total
bonuses
across
the
associate
classes
this
calendar
year
(spring
plus
end
of
year
2022)
average
more
than
twice
(2x)
the
total
‘market’
bonuses
being
paid
by
most
other
high-end
firms
this
year.” Here’s
the
bonus
scale
the
firm
is
offering
up
in
2022:

  • New
    Associate:
    $39,000
    (pro-rated)
  • Class
    of
    2021:
    $39,000
  • Class
    of
    2020:
    $51,000
  • Class
    of
    2019:
    $89,000
  • Class
    of
    2018:
    $110,000
  • Class
    of
    2017:
    $128,000
  • Class
    of
    2016:
    $156,000
  • Class
    of
    2015:
    $168,000

But
that’s
not
all,
folks.
Irell
is
continuing
to
offer
spring
bonuses
to
associates,
based
on
profit
sharing.
In
April
or
May,
bonus-eligible
associates
will
receive
supplemental
bonuses
when
the
firm’s
fiscal
year
has
closed.
Associates
will
receive
their
bonuses
on
December
27,
which
will
put
a
cap
on
their
holiday
season
and
make
for
an
even
happier
new
year.

Congratulations
on
the
above-market
bonuses,
Irell
associates!


(Flip
to
the
next
page
to
see
the
memo
from
Irell
&
Manella.)

Remember
everyone,
we
depend
on
your
tips
to
stay
on
top
of
important
bonus
updates,
so
when
your
firm
announces
or
matches,
please
text
us
(646-820-8477)
or email
us

(subject
line:
“[Firm
Name]
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 ZaretskyStaci
Zaretsky
 is
a
senior
editor
at
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

Twitter

or
connect
with
her
on

LinkedIn
.


Bonus Time

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