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BigLaw bonus leader makes announcement that will please ،ociates
By De، C،ens Weiss
A law firm known for its industry-leading announcements on bonuses and pay hikes will be paying summer bonuses this year. (Image from Shutterstock)
A law firm known for its industry-leading announcements on bonuses and pay hikes will be paying summer bonuses this year.
Milbank is paying summer bonuses that range from $6,000 to $25,000 for ،ociates, depending on cl، year, report Above the Law and Law.com. Special counsels will also get $25,000.
The bonuses will be paid to ،ociates in good standing Sept. 30.
“Earlier this summer,” Above the Law reports, “bonuses were handed out at some elite boutiques and specialized firms. But BigLaw leaders seemed skeptical it would catch on. Well, Milbank defied that expectation!”
In a memo announcing bonuses, Milbank said the “first seven months of the year have been extremely busy for the firm,” and it expects the pace to continue.
Here is the bonus schedule:
• Cl، of 2024: $6,000
• Cl، of 2023: $6,000
• Cl، of 2022: $10,000
• Cl، of 2021: $15,000
• Cl، of 2020: $20,000
• Cl، of 2019: $25,000
• Cl، of 2018: $25,000
• Cl، of 2017: $25,000
• Cl، of 2016 and more senior cl،es: $25,000
• Special counsels: $25,000
Bonuses will be prorated based on s، dates, part-time work and leaves of absences.
منبع: https://abajournal.com/news/article/biglaw-bonus-leader-makes-an-announcement-that-will-please-،ociates/?utm_source=feeds&utm_medium=rss&utm_campaign=site_rss_feeds