Associate Compensation Scorecard: Biglaw’s 2024 Bonus Boom

Since we broke the news of the market bonus scale for associates at large law firms in the United States — a trend that was started by Milbank on Monday, November 11, 2024, and finally followed by Cravath on Tuesday, November 19, 2024, including Milbank’s special summer bonuses — firms are falling in line to match the scale. When will your firm announce its bonuses?

Today, for your viewing pleasure, we unveil a table of all of the firms that have already matched the bonus scale, the date those matches were made, the minimum hours required to receive bonuses (if available), and the date bonuses will be paid. We will be updating this table on a daily basis, sometimes multiple times, as news on bonuses unfolds. If you see any information here that is incorrect or needs clarification, let us know.

We are covering this trend extensively, so please drop us a line — text (646-820-8477) or email (subject line: “[Firm Name] Matches”) — when you know of a firm making a compensation move. 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. Sources are kept confidential.

Don’t forget, if you’d like to sign up for ATL’s Bonus Alerts, please enter your email address in the box below. 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 compensation announcement that we publish. Cheers to a happy bonus and raise season, everyone!

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.