This is Biglaw’s bonus season. Employees are waiting nervously to see if any company will match Cravath year-end bonus table, But so does the special bonus scale. If certain companies refuse to pay special bonuses, there will indeed be a new salary difference between Biglaw companies this year.
The Morgan Lewis partners can breathe a sigh of relief now, because the company’s power has just announced that the partners’ holidays will become more festive this year, and depending on them, they can receive up to $140,000 in cash. The year of class. The details are as follows:
As usual, American employees just received [chair] Jami McKeon informed us that the company will match the size of the year-end bonus of the US Law 20 company and the special fall bonus of the US Law 20 company. Jami hopes to let us know on the eve of Thanksgiving as a way of expressing gratitude. The exact/further details will be released next week.
A source said: “News of expectation and appreciation.” If the company does move on as usual, then the first year will not receive prorated bonuses because the Morgan Lewis fiscal year begins. In October. Sorry, the first year!
The bonus may be deposited into the employee’s account in January 2021.
Remember everyone, we will grasp important bonus updates according to your tips, so when your company matches, please send us a text message (646-820-8477) or Email us (Subject line: “[Firm Name] Matches”). Please provide a memo (if any). If you do not want to forward the original PDF or Word file, you can take a photo of the memo and send it via text or email.
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Staci 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.