So many firms have announced Davis Polk special bonus matches that we’re calling it: it may be spring, but it’s officially Biglaw bonus season.
The latest firm to join in on the bonus fun can be found near the tippy top of the Am Law rankings. It’s Morgan Lewis, an elite firm that brought in $2,265,000,000 gross revenue in 2019. The firm has obviously matched the incredibly generous Davis Polk scale. Here’s what the firm’s special bonus scale looks like (full memo available on the next page):
As noted above, the firm’s bonuses will be paid out in June and October. The good news doesn’t stop here: Morgan Lewis has committed to paying year-end bonuses that are “at or above market.” Congratulations, everyone!
P.S. Where you at, Cravath? Come on, now.
(Flip to the next page to see the full memo from Morgan Lewis.)
Remember everyone, we depend on your tips to stay on top of important bonus updates, so when your firm matches, please text us (646-820-8477) or email us (subject line: “[Firm Name] 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 all of 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 Twitter or connect with her on LinkedIn.