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Skadden’s Bonuses Contain Extra Good News For Senior Associates – Above the Law

Bonus
season
is
the
most
wonderful
season
in
Biglaw!
It’s
the
annual
reminder
to
associates
that
all
the
billable
hours
were
really
worth
it.

Earlier
this
week,
Skadden
shared
its
annual
monetary
appreciation
with
associates.
The
firm’s
bonus
scale
matches
the
one
set
last
month
by
Baker
McKenzie,
but
contains
a
little
something
extra
for
the
most
experienced
associates.
As
you
can
see
from
the
chart
below,
bonuses
for
the
two
most
senior
classes
of
associates
have
a
range
of
bonus
money,
which
*starts*
at
the
market
rate
and
heads
north
from
there.

Screen Shot 2022-12-02 at 11.00.32 AM

Bonuses
will
be
paid
on
December
16th.
According
to
tipsters
at
the
firm,
the
“productive
hours
requirement”
for
bonuses
is
1800
hours
and
includes
unlimited
pro
bono
time
and
generally
up
to
150
hours
of
productive
non-billable
work.

You
can
read
the
full
memo

on
the
next
page.

Remember
everyone,
we
depend
on
your
tips
to
stay
on
top
of
important
bonus
updates,
so
when
your
firm
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
all
of
your
help!




Kathryn
Rubino
is
a
Senior
Editor
at
Above
the
Law,
host
of

The
Jabot
podcast
,
and
co-host
of

Thinking
Like
A
Lawyer
.
AtL
tipsters
are
the
best,
so
please
connect
with
her.
Feel
free
to
email

her
 with
any
tips,
questions,
or
comments
and
follow
her
on
Twitter
(@Kathryn1).


Bonus Time

Enter
your
email
address
to
sign
up
for
ATL’s

Bonus
&
Salary
Increase
Alerts
.