Top 10 Biglaw Firm Offers Huge Stacks Of Bonus Cash To Associates
Plus, additional merit-based bonuses. Congratulations!
One by one, slowly but surely, Biglaw firms are meeting the moment to match Milbank’s generous year-end and special bonuses. We’re now hearing that one of Biglaw’s most successful firms gave associates a lot more to be thankful for, just before Thanksgiving.
Sources tell us that on November 27, Morgan Lewis — a firm that brought in $2,898,514,000 gross revenue in 2023, putting it at No. 10 on the Am Law 100 — left voicemails for all associates, detailing a match for the prevailing market rate for both year-end and special bonuses. On top of all of that cash, we’ve been told that associates with “outstanding” reviews may be eligible for additional merit-based bonuses. Here’s what the year-end and special bonuses look like at the firm:
- Class of 2023 – $20,000 / $6,000
- Class of 2022 – $30,000 / $10,000
- Class of 2021 – $57,500 / $15,000
- Class of 2020 – $75,000 / $20,000
- Class of 2019 – $90,000 / $25,000
- Class of 2018 – $105,000 / $25,000
- Class of 2017+ – $115,000 / $25,000
Congratulations to everyone at Morgan Lewis! Those hard-earned bonus checks will hit bank accounts on January 31, 2025.
Remember everyone, we depend on your tips to stay on top of compensation updates, so when your firm announces or matches, please text us (646-820-8477) or email us (subject line: “[Firm Name] Bonus/Matches”). Please include the memo if available. You can take a photo of the memo and send it via text or email if you don’t want to forward the original PDF or Word file.
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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 Bluesky, X/Twitter, and Threads, or connect with her on LinkedIn.
