One by one, Biglaw firms are now falling in line to announce bonus scales, which now include special bonuses on top of year-end bonuses, courtesy of compensation leader Milbank’s generosity.
The latest firm to unleash Milbank moolah upon eager associates is Weil Gotshal & Manges, a firm that brought in $1,829,486,000 gross revenue in 2023, putting it at No. 26 on the most recent Am Law 100.
Here’s what the bonus bonanza looks like at the firm:
| Class Year | 2024 Overall Strong Bonus | 2024 Special Bonus |
| 2024 | $15,000 (prorated) | $6,000 (prorated) |
| 2023 | $20,000 | $6,000 |
| 2022 | $30,000 | $10,000 |
| 2021 | $57,500 | $15,000 |
| 2020 | $75,000 | $20,000 |
| 2019 | $90,000 | $25,000 |
| 2018 | $105,000 | $25,000 |
| 2017 and more senior | $115,000 | $25,000 |
Congratulations to everyone at Weil!
(Flip to the next page to read the full memo from the firm.)
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.
And if you’d like to sign up for ATL’s Bonus Alerts (which is the alert list we also use for salary announcements), please scroll down and enter your email address in the box below this post. If you previously signed up for the bonus alerts, you don’t need to do anything. You’ll receive an email notification within minutes of each bonus announcement that we publish. Thanks for your help!
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.
