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Top Biglaw Firm Hops Aboard The Bonus Train – With More Money For Associates Outside New York – Above the Law

Choo-choo!
Bonus
season
keeps
chugging
along,
with
match
after
match
after
match
after
match,
and
the
only
differentiation
being
that
big
billers
are
raking
in
bigger
bucks
at
some
firms.
With
the
latest
match,
it
looks
like
we’re
finally
seeing
something
interesting.
What
could
it
be?
More
money
for
associates
outside
of
New
York!

Mayer
Brown

a
top-ranked
Chicago-based
firm
that
took
home
$1,840,000,000
gross
revenue
in
2021
— 
is
offering
a
Baker/Cravath
match
for
its
associates
in
New
York.
Here’s
what
that
looks
like
at
the
firm:

Mayer Brown 2022 Bonus NY

For
associates
outside
of
New
York,
however,
there’s
more
money
on
the
table.
This
is
what
the
bonus
grid
looks
like
for
associates
in
the
firm’s
other
offices:

Mayer Brown 2022 Bonus Outside NY

Why
extend
the
extra
cash
to
markets
outside
of
New
York?
“With
the
tiered
approach,
the
firm
is
a
leader
in
associate
compensation,”
says
one
of
our
sources.
That
could
certainly
be
a
reason
for
doing
something
like
this.
But,
as
one
recruiter
recently
suggested,
supplemental
bonuses
are
a

prize
for
just
a
few
,
based
on
the
fact
that
hours
have
been
much
lower
across
the
board
in
2022.
Even
still,
we
bet
that
hardworking
associates
in
New
York,
even
if
just
a
handful
of
them,
would
have
loved
to
receive
the
extra
love
from
the
firm
in
the
form
of
more
bonus
money.

Congratulations
on
your
bonuses,
Mayer
Brown
associates

especially
those
in
other
markets
who
billed
extra
hard
over
the
course
of
2022!


(Flip
to
the
next
page
to
see
both
memos
from
Mayer
Brown.)

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

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connect
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her
on

LinkedIn
.


Bonus Time

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Salary
Increase
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