Bonus season is here, and slowly but surely, Biglaw firms are lining up to announce their own variants of the Cravath scale, complete with Milbank’s summer bonuses. Which firm is the latest to step up to the plate to offer associates six figures of bonus earnings?
That would be A&O Shearman, the Biglaw behemoth formed from the union of Allen & Overy and Shearman & Sterling. The firm grossed $3.7 billion in 2024, putting it at No. 4 on the Global 100, so of course it’s matching the market bonus scale for associates and counsel in the Americas. Here’s what the scale looks like at the firm:
Attorneys at the firm may also be eligible for an “enhanced year-end bonus” if they “significantly exceed” the firm’s hourly requirements.
Congratulations to everyone at A&O Shearman!
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 the managing editor of 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.
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