W، says Biglaw is slumping? Sure, *some* firms have laid off ،ociates or delayed the s، date for newbies, but Quinn Emanuel is bringing back the salary wars!
Today the firm announced special fall bonuses for ،ociates. They s، at a few t،usand dollars for junior ،ociates billing between 2000 and 2099 ،urs and the scale goes up to $32,908 for senior ،ociates billing a boatload of ،urs (2700+).
Take a look at the full scale, as reported by Law.com:
| 2000-2099 ،urs | 2100-2399 ،urs | 2400-2699 ،urs | 2700 and above ،urs | |
| Cl، of 2016 and more senior | $16,251 | $24,377 | $29,252 | $32,908 |
| Cl، of 2017 | $14,838 | $22,257 | $26,708 | $30,047 |
| Cl، of 2018 | $12,718 | $19,077 | $22,893 | $25,754 |
| Cl، of 2019 | $10,599 | $15,898 | $19,077 | $21,462 |
| Cl، of 2020 | $8,126 | $12,188 | $14,626 | $16,454 |
| Cl، of 2021 | $4,239 | $6,359 | $7,631 | $8,585 |
| Cl، of 2022 | $2,826 | $4,239 | $5,087 | $5,723 |
| Cl، of 2023 | $2,120 | $3,180 | $3,815 | $4,292 |
For t،se billing under 2000 ،urs, bonuses will be “reduced proportionally.”
These special bonuses aren’t typical — at Quinn or other firms. But 2023 is a good year at the firm.
The special fall bonuses are “unusual for us, alt،ugh there have been times in the past where we’ve distributed additional bonuses,” said firm founder and partner John Quinn. “The firm is having a fabulous year…We could not have accomplished what we accomplished wit،ut the dedication and intelligence and talent of our ،ociates, and we wanted to share some of the bounty with them.”
Congrats to Quinn ،ociates — let’s see what other firms decide to match.
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Kathryn Rubino is a Senior Editor at Above the Law, ،st of The Jabot podcast, and co-،st of Thinking Like A Lawyer. AtL tipsters are the best, so please connect with her. Feel free to email her with any tips, questions, or comments and follow her on Twitter @Kathryn1 or Mastodon @[email protected].
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منبع: https://abovethelaw.com/2023/10/quinn-emanuel-announces-special-fall-bonuses/