Top 100 Biglaw Firm Matches Market Bonuses — With Even More Money For High Billers
Associates with loads of billables are going to be making loads of cash.
CADWALADER — MEMO — BONUSES
On behalf of the Partners, I thank you for your continued outstanding work on behalf of our clients and your many contributions to the Firm. I am pleased to announce that year-end bonuses for qualified Associates will be as follows:
Class Year | Year-End Bonus |
Class of 2024 | $15,000 (pro-rated) |
Class of 2023 | $20,000 |
Class of 2022 | $30,000 |
Class of 2021 | $57,500 |
Class of 2020 | $75,000 |
Class of 2019 | $90,000 |
Class of 2018 | $105,000 |
Class of 2017 and 2016 | $115,000 |
Qualified Associates who have supported clients and the Firm by recording 2,200 or more client billable hours will be awarded bonuses equal to 120% of the year-end bonus amounts listed above.
We are also delighted to announce special bonuses for qualified Associates will be as follows:
Class Year | Special Bonus |
Class of 2024 | $6,000 (pro-rated) |
Class of 2023 | $6,000 |
Class of 2022 | $10,000 |
Class of 2021 | $15,000 |
Class of 2020 | $20,000 |
Class of 2019 | $25,000 |
Class of 2018 | $25,000 |
Class of 2017 and 2016 | $25,000 |
The bonuses will be awarded in accordance with the Firm’s policy regarding bonus eligibility. Attorneys who were with the Firm for only part of the year or worked part-time may be eligible for a prorated bonus. Bonuses will be paid no later than the last pay period of February 2025. Bonus decisions for attorneys not reflected in the above grids will be separately determined and communicated.
Thank you for all your dedication and hard work on behalf of the Firm and our clients.
Pat
Pat Quinn
Managing Partner
Staci 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 X/Twitter and Threads or connect with her on LinkedIn.