{"id":137099,"date":"2025-11-19T06:58:32","date_gmt":"2025-11-19T14:58:32","guid":{"rendered":"https:\/\/xira.com\/p\/2025\/11\/19\/bonus-news-drops-as-firm-engages-in-merger-talks\/"},"modified":"2025-11-19T06:58:32","modified_gmt":"2025-11-19T14:58:32","slug":"bonus-news-drops-as-firm-engages-in-merger-talks","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2025\/11\/19\/bonus-news-drops-as-firm-engages-in-merger-talks\/","title":{"rendered":"Bonus News Drops As Firm Engages In Merger Talks"},"content":{"rendered":"<p>Cadwalader hasn\u2019t enjoyed the smoothest 2025. <\/p>\n<p>Key partners <a href=\"https:\/\/abovethelaw.com\/2025\/10\/cadwaladers-mass-exodus-continues-nearly-40-lawyers-jump-to-top-50-biglaw-firm-in-practice-group-raid\/\" rel=\"nofollow noopener\" target=\"_blank\">defected<\/a>, the firm announced a snap <a href=\"https:\/\/abovethelaw.com\/2025\/09\/wall-streets-oldest-biglaw-firm-appoints-co-managing-partner-amid-mass-exits-and-merger-rumors\/\" rel=\"nofollow noopener\" target=\"_blank\">leadership shakeup<\/a>, and finally admitted they\u2019re looking for a <a href=\"https:\/\/abovethelaw.com\/2025\/11\/cadwalader-reportedly-enters-merger-talks-with-top-50-biglaw-firm\/\" rel=\"nofollow noopener\" target=\"_blank\">merger proposal with Alston &amp; Bird<\/a>. And that \u201c<a href=\"https:\/\/abovethelaw.com\/2025\/05\/trumps-biglaw-bootlickers-letters-to-congress\/\" rel=\"nofollow noopener\" target=\"_blank\">Trump administration capitulation<\/a>\u201d story didn\u2019t help. But, as the year winds down, firm lawyers can look past 2025 and comfort themselves with a tidy bonus match.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>At 6:02, the co-managing partners sent out the memo laying out the following baseline bonuses:<\/p>\n<\/blockquote>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<figure class=\"wp-block-table\">\n<table class=\"has-fixed-layout\">\n<tbody>\n<tr>\n<td><strong>Class Year<\/strong><\/td>\n<td><strong>Year-End Bonus<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Class of 2025<\/td>\n<td>$15,000 (pro-rated)<\/td>\n<\/tr>\n<tr>\n<td>Class of 2024<\/td>\n<td>$20,000<\/td>\n<\/tr>\n<tr>\n<td>Class of 2023<\/td>\n<td>$30,000<\/td>\n<\/tr>\n<tr>\n<td>Class of 2022<\/td>\n<td>$57,500<\/td>\n<\/tr>\n<tr>\n<td>Class of 2021<\/td>\n<td>$75,000<\/td>\n<\/tr>\n<tr>\n<td>Class of 2020<\/td>\n<td>$90,000<\/td>\n<\/tr>\n<tr>\n<td>Class of 2019<\/td>\n<td>$105,000<\/td>\n<\/tr>\n<tr>\n<td>Class of 2018 and 2017<\/td>\n<td>$115,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p>For those recording 2200 hours or more throughout the year, their year-end bonus will be 120% of the amounts listed above.<\/p>\n<p>But that\u2019s not all. Cadwalader is also matching special bonuses according to the below schedule.<\/p>\n<figure class=\"wp-block-table\">\n<table class=\"has-fixed-layout\">\n<tbody>\n<tr>\n<td><strong>Year<\/strong><\/td>\n<td><strong>Special Bonus<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Class of 2025<\/td>\n<td>$6,000 (pro-rated)<\/td>\n<\/tr>\n<tr>\n<td>Class of 2024<\/td>\n<td>$6,000<\/td>\n<\/tr>\n<tr>\n<td>Class of 2023<\/td>\n<td>$10,000<\/td>\n<\/tr>\n<tr>\n<td>Class of 2022<\/td>\n<td>$15,000<\/td>\n<\/tr>\n<tr>\n<td>Class of 2021<\/td>\n<td>$20,000<\/td>\n<\/tr>\n<tr>\n<td>Class of 2020<\/td>\n<td>$25,000<\/td>\n<\/tr>\n<tr>\n<td>Class of 2019<\/td>\n<td>$25,000<\/td>\n<\/tr>\n<tr>\n<td>Class of 2018 and 2017<\/td>\n<td>$25,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<\/blockquote>\n<p>The bonuses will be paid out by the last February pay period.<\/p>\n<p>Not bad for a firm potentially going to the (Alston &amp;) Birds.<\/p>\n<p><em>(Full memo on the next page.)<\/em><\/p>\n<hr>\n<p><strong><em><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignright  wp-image-443318\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/2016\/11\/Headshot-300x200.jpg?resize=188%2C125&#038;ssl=1\" alt=\"Headshot\" width=\"188\" height=\"125\" title=\"\"><a href=\"http:\/\/abovethelaw.com\/author\/joe-patrice\/\" target=\"_blank\" rel=\"noopener nofollow\">Joe Patrice<\/a>\u00a0is a senior editor at Above the Law and co-host of <a href=\"http:\/\/legaltalknetwork.com\/podcasts\/thinking-like-a-lawyer\/\" target=\"_blank\" rel=\"noopener nofollow\">Thinking Like A Lawyer<\/a>. Feel free to\u00a0<a href=\"mailto:joepatrice@abovethelaw.com\">email<\/a> any tips, questions, or comments. Follow him on\u00a0<a href=\"https:\/\/twitter.com\/josephpatrice\" target=\"_blank\" rel=\"noopener nofollow\">Twitter<\/a>\u00a0or <a href=\"https:\/\/bsky.app\/profile\/joepatrice.bsky.social\" rel=\"noopener nofollow\" target=\"_blank\">Bluesky<\/a> if you\u2019re interested in law, politics, and a healthy dose of college sports news. Joe also serves as a <a href=\"https:\/\/www.rpnexecsearch.com\/josephpatrice\" target=\"_blank\" rel=\"noopener nofollow\">Managing Director at RPN Executive Search<\/a>.<\/em><\/strong><\/p>\n<\/p>\n<p>The post <a href=\"https:\/\/abovethelaw.com\/2025\/11\/bonus-news-drops-as-firm-engages-in-merger-talks\/\" rel=\"nofollow noopener\" target=\"_blank\">Bonus News Drops As Firm Engages In Merger Talks<\/a> appeared first on <a href=\"https:\/\/abovethelaw.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Above the Law<\/a>.<\/p>\n<p>Cadwalader hasn\u2019t enjoyed the smoothest 2025. <\/p>\n<p>Key partners <a href=\"https:\/\/abovethelaw.com\/2025\/10\/cadwaladers-mass-exodus-continues-nearly-40-lawyers-jump-to-top-50-biglaw-firm-in-practice-group-raid\/\" rel=\"nofollow noopener\" target=\"_blank\">defected<\/a>, the firm announced a snap <a href=\"https:\/\/abovethelaw.com\/2025\/09\/wall-streets-oldest-biglaw-firm-appoints-co-managing-partner-amid-mass-exits-and-merger-rumors\/\" rel=\"nofollow noopener\" target=\"_blank\">leadership shakeup<\/a>, and finally admitted they\u2019re looking for a <a href=\"https:\/\/abovethelaw.com\/2025\/11\/cadwalader-reportedly-enters-merger-talks-with-top-50-biglaw-firm\/\" rel=\"nofollow noopener\" target=\"_blank\">merger proposal with Alston &amp; Bird<\/a>. And that \u201c<a href=\"https:\/\/abovethelaw.com\/2025\/05\/trumps-biglaw-bootlickers-letters-to-congress\/\" rel=\"nofollow noopener\" target=\"_blank\">Trump administration capitulation<\/a>\u201d story didn\u2019t help. But, as the year winds down, firm lawyers can look past 2025 and comfort themselves with a tidy bonus match.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>At 6:02, the co-managing partners sent out the memo laying out the following baseline bonuses:<\/p>\n<\/blockquote>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<figure class=\"wp-block-table\">\n<table class=\"has-fixed-layout\">\n<tbody>\n<tr>\n<td><strong>Class Year<\/strong><\/td>\n<td><strong>Year-End Bonus<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Class of 2025<\/td>\n<td>$15,000 (pro-rated)<\/td>\n<\/tr>\n<tr>\n<td>Class of 2024<\/td>\n<td>$20,000<\/td>\n<\/tr>\n<tr>\n<td>Class of 2023<\/td>\n<td>$30,000<\/td>\n<\/tr>\n<tr>\n<td>Class of 2022<\/td>\n<td>$57,500<\/td>\n<\/tr>\n<tr>\n<td>Class of 2021<\/td>\n<td>$75,000<\/td>\n<\/tr>\n<tr>\n<td>Class of 2020<\/td>\n<td>$90,000<\/td>\n<\/tr>\n<tr>\n<td>Class of 2019<\/td>\n<td>$105,000<\/td>\n<\/tr>\n<tr>\n<td>Class of 2018 and 2017<\/td>\n<td>$115,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p>But that\u2019s not all, with special bonuses available for those recording 2200 hours or more throughout the year:<\/p>\n<figure class=\"wp-block-table\">\n<table class=\"has-fixed-layout\">\n<tbody>\n<tr>\n<td><strong>Year<\/strong><\/td>\n<td><strong>Special Bonus<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Class of 2025<\/td>\n<td>$6,000 (pro-rated)<\/td>\n<\/tr>\n<tr>\n<td>Class of 2024<\/td>\n<td>$6,000<\/td>\n<\/tr>\n<tr>\n<td>Class of 2023<\/td>\n<td>$10,000<\/td>\n<\/tr>\n<tr>\n<td>Class of 2022<\/td>\n<td>$15,000<\/td>\n<\/tr>\n<tr>\n<td>Class of 2021<\/td>\n<td>$20,000<\/td>\n<\/tr>\n<tr>\n<td>Class of 2020<\/td>\n<td>$25,000<\/td>\n<\/tr>\n<tr>\n<td>Class of 2019<\/td>\n<td>$25,000<\/td>\n<\/tr>\n<tr>\n<td>Class of 2018 and 2017<\/td>\n<td>$25,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<\/blockquote>\n<p>The bonuses will be paid out by the last February pay period.<\/p>\n<p>Not bad for a firm potentially going to the (Alston &amp;) Birds.<\/p>\n<p><em>(Full memo on the next page.)<\/em><\/p>\n<hr \/>\n<p><strong><em><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-443318\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/sites\/4\/2016\/11\/Headshot-300x200.jpg?resize=189%2C126&#038;ssl=1\" alt=\"Headshot\" width=\"189\" height=\"126\" title=\"\"><a href=\"http:\/\/abovethelaw.com\/author\/joe-patrice\/\" target=\"_blank\" rel=\"noopener nofollow\">Joe Patrice<\/a>\u00a0is a senior editor at Above the Law and co-host of <a href=\"http:\/\/legaltalknetwork.com\/podcasts\/thinking-like-a-lawyer\/\" target=\"_blank\" rel=\"noopener nofollow\">Thinking Like A Lawyer<\/a>. Feel free to\u00a0<a href=\"https:\/\/abovethelaw.com\/cdn-cgi\/l\/email-protection#b5dfdad0c5d4c1c7dcd6d0f5d4d7dac3d0c1ddd0d9d4c29bd6dad8\" rel=\"nofollow noopener\" target=\"_blank\">email<\/a> any tips, questions, or comments. Follow him on\u00a0<a href=\"https:\/\/twitter.com\/josephpatrice\" target=\"_blank\" rel=\"noopener nofollow\">Twitter<\/a>\u00a0or <a href=\"https:\/\/bsky.app\/profile\/joepatrice.bsky.social\" rel=\"noopener nofollow\" target=\"_blank\">Bluesky<\/a> if you\u2019re interested in law, politics, and a healthy dose of college sports news. Joe also serves as a <a href=\"https:\/\/www.rpnexecsearch.com\/josephpatrice\" target=\"_blank\" rel=\"noopener nofollow\">Managing Director at RPN Executive Search<\/a>.<\/em><\/strong><\/p>\n<p><strong>1<\/strong> <a href=\"https:\/\/abovethelaw.com\/2025\/11\/bonus-news-drops-as-firm-engages-in-merger-talks\/2\/\" rel=\"nofollow noopener\" target=\"_blank\">2<\/a><a href=\"https:\/\/abovethelaw.com\/2025\/11\/bonus-news-drops-as-firm-engages-in-merger-talks\/2\/\" rel=\"nofollow noopener\" target=\"_blank\">Next \u00bb<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cadwalader hasn\u2019t enjoyed the smoothest 2025. Key partners defected, the firm announced a snap leadership shakeup, and finally admitted they\u2019re looking for a merger proposal with Alston &amp; Bird. And that \u201cTrump administration capitulation\u201d story didn\u2019t help. But, as the year winds down, firm lawyers can look past 2025 and comfort themselves with a tidy [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":137065,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16],"tags":[],"class_list":["post-137099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-above_the_law"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/xira.com\/p\/wp-content\/uploads\/2025\/11\/Headshot-300x200-XRcc1W.jpg?fit=300%2C200&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/137099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/comments?post=137099"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/137099\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/137065"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=137099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=137099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=137099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}