Exciting News: Biglaw Firm Showers Associates With Special Spring Bonuses
Associates and counsel at this law firm are in for a special treat. The post Exciting News: Biglaw Firm Showers Associates With Special Spring Bonuses appeared first on Above the Law.
It may be February, but at least one Biglaw firm is already thinking of the brighter days yet to come by announcing special bonuses — and the most surprising thing about this is that Milbank isn’t the firm that’s leading the pack on this round of bonuses.
Which highly profitable, IP-focused law firm just announced spring bonuses for both associates and counsel?
California-based Knobbe Martens — a firm that brought in $275,000,000 gross revenue in 2023, putting it at No. 135 on the most recent Am Law 200 — is offering attorneys up to $25,000 to thank them for helping the firm’s business grow and flourish. Tipsters tell us that the firm delivered the good news on Valentine’s Day, so they must have felt especially loved. This is what the bonus scale looks like at the firm:
1st-year associates $2,500 2nd-year associates $5,000 3rd-year associates $10,000 4th-year associates $15,000 5th-year associates $20,000 6th-year associates and above (including counsel) $25,000
Associates in good standing at the firm will receive their bonuses on March 31. Congratulations to everyone at Knobbe Martens!
So, what’s going on at at your firm? If your firm announces special spring bonuses, please let us know ASAP, so we can spread the good news.
(Flip to the next page to read the firm’s memo in full.)
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 Bluesky, X/Twitter, and Threads, or connect with her on LinkedIn.
The post Exciting News: Biglaw Firm Showers Associates With Special Spring Bonuses appeared first on Above the Law.
