Assistant Salary Scorecard: Biglaw’s 2020 Extra Bonus


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Since we broke the news that the partners of large American law firms received market bonuses, this trend Started by Baker McKenzie On Wednesday, November 11, 2020, the last Followed by Cravath On November 23, 2020 (Monday) (plus a special bonus), many companies quickly caught up and reached scale. When will your company announce the bonus?

As usual, we are compiling the tables of all companies that have reached the new bonus level, whether it includes special bonuses or not, the minimum number of hours (if any) required to receive these bonuses, and the dates when these bonuses are paid. Today, we show you this table for your appreciation. As news about the bonus is announced, we will update this table daily (and sometimes multiple times). If you see any information here that is incorrect or needs clarification, let us know.

Help us help you now (and/if you decide to take horizontal action in the future). Let us know that your company’s minimum charging time goal is to qualify for bonuses and when your company will pay those bonuses. As stated in most memos, you usually have to stay with the company until the payment date to receive these notices, which may make it more difficult for you to leave your workplace.

As a reminder, we like to cover the Biglaw bonus season, but We need your help.As soon as your company‚Äôs bonus memo comes out, please Email to us (Subject line: “[Firm Name] Bonus”). We always keep the source of the bonus story anonymous. No need to use the company email account to send the memo; your personal email account is fine. Please make sure to use the memo as proof; we like to publish the full bonus memo , As a service to readers. If you are worried about the metadata in PDF or Word files, you can take a photo of the memo and attach it as a picture.

Don’t forget, if you want to sign up for ATL’s bonus alerts, please enter your email address in the box below. If you have previously registered for bonus alerts, you do not need to take any action. You will receive an email notification within a few minutes of every bonus announcement we publish. Happy bonus season everyone!

the company Match date Special bonus has been matched Minimum hours Payment date
Baker McKenzie
Class of 2019: $15K
2012+ category: USD 100,000
The first to move
November 11, 2020
No No To be determined
Cravath
2020: USD 15,000 (proportional distribution)
Class 2013: USD 100K
November 23, 2020 Yes No December 18, 2020
Paul Weiss
2020: USD 15,000 (proportional distribution)
2013+ category: USD 100,000
November 23, 2020 Yes No December 18, 2020
clear
2020: USD 15,000 (proportional distribution)
2013+ category: USD 100,000
November 24, 2020 Yes No December 22, 2020
Scarden
Class of 2019: $15K
2013+ category: $100K or $110K
November 24, 2020 Yes No December 18, 2020
Milbank
2020: USD 15,000
Class 2012: USD 100K
November 24, 2020 Yes No On or before December 31, 2020

Staci ZaretskyStaci Zaretsky She is the senior editor of “Above the Law” and has been working since 2011.She would love to hear from you, so please feel free e-mail Any tips, questions, comments or comments from her.You can follow her Twitter Or keep in touch with her LinkedIn.


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