{"id":137104,"date":"2025-11-19T08:00:19","date_gmt":"2025-11-19T16:00:19","guid":{"rendered":"https:\/\/xira.com\/p\/2025\/11\/19\/paul-hastings-is-first-biglaw-firm-to-match-cravaths-generous-bonus-scale\/"},"modified":"2025-11-19T08:00:19","modified_gmt":"2025-11-19T16:00:19","slug":"paul-hastings-is-first-biglaw-firm-to-match-cravaths-generous-bonus-scale","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2025\/11\/19\/paul-hastings-is-first-biglaw-firm-to-match-cravaths-generous-bonus-scale\/","title":{"rendered":"Paul Hastings Is First Biglaw Firm To Match Cravath\u2019s Generous Bonus Scale"},"content":{"rendered":"<p>Cravath announced its <a href=\"https:\/\/abovethelaw.com\/2025\/11\/cravath-starts-biglaws-bonus-season-with-year-end-and-special-bonuses\/\" rel=\"nofollow noopener\" target=\"_blank\">year-end bonus scale<\/a> \u2014 complete with <a href=\"https:\/\/abovethelaw.com\/2025\/08\/milbank-issues-summer-bonuses\/\" rel=\"nofollow noopener\" target=\"_blank\">Milbank\u2019s special bonuses<\/a> \u2014 just a few hours ago, and we\u2019ve officially got our first bonus match.<\/p>\n<p>We\u2019ve now confirmed that Paul Hastings \u2014 which reported $2,235,739,000 in gross revenue and profits per equity partner of $6,715,000 in 2024 according to the most recent Am Law 100 \u2014 has chosen to use the Cravath scale for its year-end bonuses:<\/p>\n<ul class=\"wp-block-list\">\n<li>Class of 2024 \u2013 $20,000<\/li>\n<li>Class of 2023 \u2013 $30,000<\/li>\n<li>Class of 2022 \u2013 $57,500<\/li>\n<li>Class of 2021 \u2013 $75,000<\/li>\n<li>Class of 2020 \u2013 $90,000<\/li>\n<li>Class of 2019 \u2013 $105,000<\/li>\n<li>Class of 2018+ \u2013 $115,000<\/li>\n<\/ul>\n<p>Paul Hastings is also matching the Milbank special bonus scale, and this is what they will look like at the firm:<\/p>\n<ul class=\"wp-block-list\">\n<li>Class of 2024 \u2013 $6,000<\/li>\n<li>Class of 2023 \u2013 $10,000<\/li>\n<li>Class of 2022 \u2013 $15,000<\/li>\n<li>Class of 2021 \u2013 $20,000<\/li>\n<li>Class of 2020 \u2013 $25,000<\/li>\n<li>Class of 2019 \u2013 $25,000<\/li>\n<li>Class of 2018+ \u2013 $25,000<\/li>\n<\/ul>\n<p>Congratulations to everyone at Paul Hastings!<\/p>\n<p>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\u00a0<a href=\"mailto:tips@abovethelaw.com?subject=%5BFirm%20Name%5D%20Bonus\/Matches\" target=\"_blank\" rel=\"noreferrer noopener\">email us<\/a>\u00a0(subject line: \u201c[Firm Name] Bonus\/Matches\u201d). Please include the memo if available. You can take a photo of the memo and send it via text or email if you don\u2019t want to forward the original PDF or Word file.<\/p>\n<p>And if you\u2019d like to sign up for ATL\u2019s 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\u2019t need to do anything. You\u2019ll receive an email notification within minutes of each bonus announcement that we publish. Thanks for your help!<\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\">\n<figure class=\"wp-block-image alignright\"><img data-recalc-dims=\"1\" decoding=\"async\" loading=\"lazy\" width=\"150\" height=\"100\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/sites\/4\/2016\/11\/Staci-Zaretsky.jpg?resize=150%2C100&#038;ssl=1\" alt=\"\" class=\"wp-image-66762\" title=\"\"><figcaption><\/figcaption><\/figure>\n<p><strong><em><a href=\"https:\/\/abovethelaw.com\/author\/staci-zaretsky\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Staci Zaretsky<\/a>\u00a0is the managing editor of Above the Law, where she\u2019s worked since 2011. She\u2019d love to hear from you, so please feel free to <a href=\"mailto:staci@abovethelaw.com\">email<\/a> her with any tips, questions, comments, or critiques. You can follow her on\u00a0<a href=\"https:\/\/bsky.app\/profile\/stacizaretsky.bsky.social\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Bluesky<\/a>,\u00a0<a href=\"https:\/\/twitter.com\/stacizaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">X\/Twitter<\/a>, and\u00a0<a href=\"https:\/\/www.threads.net\/@stacizaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Threads<\/a>,\u00a0or connect with her on\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/staci-zaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">LinkedIn<\/a>.<\/em><\/strong><\/p>\n<p>The post <a href=\"https:\/\/abovethelaw.com\/2025\/11\/paul-hastings-is-first-biglaw-to-match-cravaths-generous-bonus-scale\/\" rel=\"nofollow noopener\" target=\"_blank\">Paul Hastings Is First Biglaw Firm To Match Cravath\u2019s Generous Bonus Scale<\/a> appeared first on <a href=\"https:\/\/abovethelaw.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Above the Law<\/a>.<\/p>\n<figure class=\"post-single__featured-image post-single__featured-image--medium alignright\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"151\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/sites\/4\/2025\/06\/money-hundreds-GettyImages-2177624474-300x151.jpg?resize=300%2C151&#038;ssl=1\" class=\"attachment-medium size-medium wp-post-image\" alt=\"\" title=\"\"><\/figure>\n<p>Cravath announced its <a href=\"https:\/\/abovethelaw.com\/2025\/11\/cravath-starts-biglaws-bonus-season-with-year-end-and-special-bonuses\/\" rel=\"nofollow noopener\" target=\"_blank\">year-end bonus scale<\/a> \u2014 complete with <a href=\"https:\/\/abovethelaw.com\/2025\/08\/milbank-issues-summer-bonuses\/\" rel=\"nofollow noopener\" target=\"_blank\">Milbank\u2019s special bonuses<\/a> \u2014 just a few hours ago, and we\u2019ve officially got our first bonus match.<\/p>\n<p>We\u2019ve now confirmed that Paul Hastings \u2014 which reported $2,235,739,000 in gross revenue and profits per equity partner of $6,715,000 in 2024 according to the most recent Am Law 100 \u2014 has chosen to use the Cravath scale for its year-end bonuses:<\/p>\n<ul class=\"wp-block-list\">\n<li>Class of 2024 \u2013 $20,000<\/li>\n<li>Class of 2023 \u2013 $30,000<\/li>\n<li>Class of 2022 \u2013 $57,500<\/li>\n<li>Class of 2021 \u2013 $75,000<\/li>\n<li>Class of 2020 \u2013 $90,000<\/li>\n<li>Class of 2019 \u2013 $105,000<\/li>\n<li>Class of 2018+ \u2013 $115,000<\/li>\n<\/ul>\n<p>Paul Hastings is also matching the Milbank special bonus scale, and this is what they will look like at the firm:<\/p>\n<ul class=\"wp-block-list\">\n<li>Class of 2024 \u2013 $6,000<\/li>\n<li>Class of 2023 \u2013 $10,000<\/li>\n<li>Class of 2022 \u2013 $15,000<\/li>\n<li>Class of 2021 \u2013 $20,000<\/li>\n<li>Class of 2020 \u2013 $25,000<\/li>\n<li>Class of 2019 \u2013 $25,000<\/li>\n<li>Class of 2018+ \u2013 $25,000<\/li>\n<\/ul>\n<p>Congratulations to everyone at Paul Hastings!<\/p>\n<p>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\u00a0<a href=\"https:\/\/abovethelaw.com\/cdn-cgi\/l\/email-protection#25514c55566544474a5340514d404944520b464a481a5650474f40465118001067634c57480017156b444840001061001715674a4b50560a684451464d4056\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">email us<\/a>\u00a0(subject line: \u201c[Firm Name] Bonus\/Matches\u201d). Please include the memo if available. You can take a photo of the memo and send it via text or email if you don\u2019t want to forward the original PDF or Word file.<\/p>\n<p>And if you\u2019d like to sign up for ATL\u2019s 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\u2019t need to do anything. You\u2019ll receive an email notification within minutes of each bonus announcement that we publish. Thanks for your help!<\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n<figure class=\"wp-block-image alignright\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"100\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/sites\/4\/2016\/11\/Staci-Zaretsky.jpg?resize=150%2C100&#038;ssl=1\" alt=\"\" class=\"wp-image-66762\" title=\"\"><figcaption><\/figcaption><\/figure>\n<p><strong><em><a href=\"https:\/\/abovethelaw.com\/author\/staci-zaretsky\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Staci Zaretsky<\/a>\u00a0is the managing editor of Above the Law, where she\u2019s worked since 2011. She\u2019d love to hear from you, so please feel free to <a href=\"https:\/\/abovethelaw.com\/cdn-cgi\/l\/email-protection#9cefe8fdfff5dcfdfef3eaf9e8f4f9f0fdebb2fff3f1\" rel=\"nofollow noopener\" target=\"_blank\">email<\/a> her with any tips, questions, comments, or critiques. You can follow her on\u00a0<a href=\"https:\/\/bsky.app\/profile\/stacizaretsky.bsky.social\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Bluesky<\/a>,\u00a0<a href=\"https:\/\/twitter.com\/stacizaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">X\/Twitter<\/a>, and\u00a0<a href=\"https:\/\/www.threads.net\/@stacizaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Threads<\/a>,\u00a0or connect with her on\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/staci-zaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">LinkedIn<\/a>.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cravath announced its year-end bonus scale \u2014 complete with Milbank\u2019s special bonuses \u2014 just a few hours ago, and we\u2019ve officially got our first bonus match. We\u2019ve now confirmed that Paul Hastings \u2014 which reported $2,235,739,000 in gross revenue and profits per equity partner of $6,715,000 in 2024 according to the most recent Am Law [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":137095,"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-137104","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\/Staci-Zaretsky-4WvBJz.jpg?fit=150%2C100&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/137104","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=137104"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/137104\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/137095"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=137104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=137104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=137104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}