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Top 50 Biglaw Firm Enters The Bonus Game With Cold, Hard Cash For Associates – Above the Law

There’s
nothing
that’ll
start
your
day
off
on
the
right
foot
quite
like
a
big
bonus
announcement
from
your
firm.
That’s
exactly
what
happened
this
morning
at
Debevoise
&
Plimpton,
a
firm
that’s
ranked
at
No.
34
on
the
latest
Am
Law
100,
having
brought
home
$1,329,262,000
gross
revenue
last
year.

The
firm
is
of
course
matching
the
prevailing
market
rate
on
bonuses
this
year.

Peter
Furci
,
the
firm’s
presiding
partner,
had
this
kind
message
to
share
with
associates
in
Debevoise’s
bonus
memo:

This
has
been
another
year
of
extraordinary
challenges. Once
again,
you
have
performed
at
levels
of
the
highest
excellence
of
client
service,
maintained
our
cultural
values,
supported
each
other
and
served
the
broader
community
with
many
hours
of
pro
bono.

Here’s
the
bonus
scale,
in
case
you’ve
forgotten
what
it
looks
like:

  • Class
    of
    2022:
    $15,000
    (pro-rated)
  • Class
    of
    2021:
    $20,000
  • Class
    of
    2020:
    $30,000
  • Class
    of
    2019:
    $57,500
  • Class
    of
    2018:
    $75,000
  • Class
    of
    2017:
    $90,000
  • Class
    of
    2016:
    $105,000
  • Class
    of
    2015+:
    $115,000

Congratulations
to
everyone
at
Debevoise!


(Flip
to
the
next
page
to
see
the
full
memo
from
Debevoise.)

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

Enter
your
email
address
to
sign
up
for
ATL’s

Bonus
&
Salary
Increase
Alerts
.