Bonuses season kicked off with a bang after Milbank set the scale. Cravath and Paul Hastings have already announced their bonuses, and more firms are following suit.
The most recent firm is Fried Frank! They reported $1,008,772,000 in gross revenue in 2023 and profits per equity partner of $4,355,000 in 2023 according to the most recent Am Law 100 and are matching the Milbank scale for both annual and special bonuses!
While the scale is a match, the firm also offers a premium from $3000 to $34,500. Bonuses will be paid on or before December 31.
We like hearing about bonuses almost as much as you enjoy spending them. As soon as your firm’s memo comes out, please email it to us (subject line: “[Firm Name] Bonus”) or text us (646-820-8477). 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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Chris Williams became a social media manager and assistant editor for Above the Law in June 2021. Prior to joining the staff, he moonlighted as a minor Memelord™ in the Facebook group Law School Memes for Edgy T14s. He endured Missouri long enough to graduate from Washington University in St. Louis School of Law. He is a former boatbuilder who cannot swim, a published author on critical race theory, philosophy, and humor, and has a love for cycling that occasionally annoys his peers. You can reach him by email at [email protected] and by tweet at @WritesForRent.
