Associates At This Biglaw Firm Don’t Have To Fish For Bonuses Anymore

The firm is matching the Milbank scale — if you bill enough.
The post Associates At This Biglaw Firm Don’t Have To Fish For Bonuses Anymore appeared first on Above the Law.

Biglaw bonus news is dropping fast and furious. The latest firm that’s giving associates a very special thank you in the form of cold, hard cash is Fish & Richardson.

The firm took in $499,597,000 in gross revenue last year, making it #96 on the Am Law 100. And they’re sharing that money with hardworking — and high-billing — associates.

That’s right, Fish is giving associates who qualify special bonuses this year. They align with the market standard for special bonuses, set over the summer by Milbank. The special bonus schedule at the firm is as follows:

The special bonuses kick in at 2,000 hours, and are prorated for those who may not have hit that billable threshold. All of which is on top of the standard year-end bonus, which insiders at the firm report match the Milbank scale. The full memo is available below.

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!

Kathryn Rubino is a Senior Editor at Above the Law, host of The Jabot podcast, and co-host of Thinking Like A Lawyer. AtL tipsters are the best, so please connect with her. Feel free to email her with any tips, questions, or comments and follow her on Twitter @Kathryn1 or Mastodon @[email protected].