We’d already heard from Paul Hastings about annual bonuses and now we’re closing the loop with word from the other half of Biglaw’s version of the Paul brothers. Just don’t make us decide which is Jake and which is Logan.
Paul Weiss, 21st on The American Lawyer’s 2024 Am Law 100 ranking having put up over $2 billion in gross revenue in 2023, will be joining the annual bonus party.
And, as expected, the firm will match the special bonus amounts that Milbank handed out over the summer.
Bonuses will be paid on December 20.
It’s been a busy year for Paul Weiss from a business perspective. They’ve got a new non-equity tier, gone deep in a lateral partner hiring streak, embarked upon an effort to move into the booming Houston market, and never gave up on expanding its associate ranks. Matching the market is just one more component of a firm operating at the top of Biglaw.
Memo recreated on the next page…
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Joe Patrice is a senior editor at Above the Law and co-host of Thinking Like A Lawyer. Feel free to email any tips, questions, or comments. Follow him on Twitter or Bluesky if you’re interested in law, politics, and a healthy dose of college sports news. Joe also serves as a Managing Director at RPN Executive Search.
