What an exciting time to work at a boutique firm!
The post Boutique Firm Reportedly Beats Market Rate On Associate Bonuses appeared first on Above the Law.
Biglaw and boutique law firm associates alike are dreaming of a holiday season with a lot more cash in their accounts thanks to Milbank’s generous year-end and special bonuses.
The latest boutique to spread the wealth to associates is New York-based investment fund litigation boutique Rolnick Kramer Sadighi. The young firm recently closed out its fourth year, and in a LinkedIn post published last week, announced that “for the second time in three years, our associate and counsel bonuses exceed the Cravath/Milbank year-end and special bonus scale.”
As a reminder, this is what the prevailing market rate for bonuses and special bonuses looks like this year, and RKS is reportedly awarding bonuses “above” these amounts:
- Class of 2024 – $15,000 / $6,000
- Class of 2023 – $20,000 / $6,000
- Class of 2022 – $30,000 / $10,000
- Class of 2021 – $57,500 / $15,000
- Class of 2020 – $75,000 / $20,000
- Class of 2019 – $90,000 / $25,000
- Class of 2018 – $105,000 / $25,000
- Class of 2017+ – $115,000 / $25,000
Congratulations to all Rolnick Kramer Sadighi associates!
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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.
