Traditionally, there are solely a handful of Biglaw companies prepared to stay their necks out and lift affiliate compensation, whether or not by way of base wage or bonuses. Davis Polk is one of that small number. So, because the 2025 bonus season heats up, everybody’s questioning what transfer DPW goes to make.
Drumroll please…. they’re matching. They introduced year-end and particular bonuses that match the prevailing Biglaw scale, as per the chart under. Beneficiant sufficient, however not market altering.
- Class of 2025: Yr-Finish $15,000 Particular $6,000
- Class of 2024: Yr-Finish $20,000 Particular $6,000
- Class of 2023: Yr-Finish $30,000 Particular $10,000
- Class of 2022: Yr-Finish $57,000 Particular $15,000
- Class of 2021: Yr-Finish $75,000 Particular $20,000
- Class of 2020: Yr-Finish $90,000 Particular $25,000
- Class of 2019: Yr-Finish $105,000 Particular $25,000
- Class of 2018 and senior: Yr-Finish $115,000 Particular $25,000
Bonuses shall be payable on December thirtieth.
So, is your agency matching *each* the year-end and particular bonuses? Let Above the Legislation know! We rely in your tricks to keep on prime of vital bonus updates, so when your agency matches (or in the event that they fail to take action), please textual content us (646-820-8477) or email us (topic line: “[Firm Name] Matches”). Please embrace the memo, if accessible. You possibly can take a photograph of the memo and ship it by way of textual content or e-mail in the event you don’t wish to ahead the unique PDF or Phrase file.
And in the event you’d like to enroll in ATL’s Bonus Alerts (which is the alert checklist we additionally use for wage bulletins), please scroll down and enter your e-mail tackle within the field under this publish. If you happen to beforehand signed up for the bonus alerts, you don’t have to do something. You’ll obtain an e-mail notification inside minutes of every bonus announcement that we publish. Thanks for your entire assist!
Learn the total memo under.
Kathryn Rubino is a Senior Editor at Above the Legislation, host of The Jabot podcast, and co-host of Thinking Like A Lawyer. AtL tipsters are the very best, so please join together with her. Be happy to e-mail her with any suggestions, questions, or feedback and observe her on Twitter @Kathryn1 or Mastodon @[email protected].