{"id":97704,"date":"2024-12-11T13:03:05","date_gmt":"2024-12-11T21:03:05","guid":{"rendered":"https:\/\/xira.com\/p\/2024\/12\/11\/top-50-biglaw-firm-announces-bonuses-with-more-money-added-on-top-for-its-busiest-billers\/"},"modified":"2024-12-11T13:03:05","modified_gmt":"2024-12-11T21:03:05","slug":"top-50-biglaw-firm-announces-bonuses-with-more-money-added-on-top-for-its-busiest-billers","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2024\/12\/11\/top-50-biglaw-firm-announces-bonuses-with-more-money-added-on-top-for-its-busiest-billers\/","title":{"rendered":"Top 50 Biglaw Firm Announces Bonuses, With More Money Added On Top For Its Busiest Billers"},"content":{"rendered":"<p>But don&#8217;t forget to read the fine print: Eligibility for special bonuses at this firm is based on hours, too.<br \/>\nThe post Top 50 Biglaw Firm Announces Bonuses, With More Money Added On Top For Its Busiest Billers appeared first on Above the Law.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-812738 size-medium\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/2021\/11\/hundreds-money-bonuses-GettyImages-1159021096-300x200.jpg?resize=300%2C200&#038;ssl=1\" alt=\"\" width=\"300\" height=\"200\" title=\"\">Biglaw firms keep rolling out bonuses as the year draws to a close, and associates couldn\u2019t be happier about it \u2014 especially when there\u2019s extra bonus money to be had.<\/p>\n<p>The latest firm to meet the market in terms of matching Milbank\u2019s generous <a href=\"https:\/\/abovethelaw.com\/2024\/11\/milbank-year-end-bonuses-24\/\" target=\"_blank\" rel=\"noopener nofollow\">year-end<\/a> and <a href=\"https:\/\/abovethelaw.com\/2024\/08\/milbank-summer-bonus-24\/\" target=\"_blank\" rel=\"noopener nofollow\">special<\/a> bonuses is Winston &amp; Strawn, a firm that brought in $1,190,728,000 gross revenue in 2023, putting it at No. 44 on the Am Law 100.\u00a0Here\u2019s what the bonus and salary scale looks like at the firm:<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-1078500 size-full\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/2024\/12\/Winston-Bonus-Grid-2024.jpg?resize=524%2C232&#038;ssl=1\" alt=\"\" width=\"524\" height=\"232\" title=\"\"><\/p>\n<p>As usual, associates must meet their minimum hours threshold \u2014 and we believe that\u2019s 2000 hours \u2014 for bonus eligibility, and when it comes to Winston\u2019s special bonuses, they will be awarded with the following guidance:<\/p>\n<blockquote>\n<p>\u2022 Associates who meet or exceed their hours targets: 100% of special bonus\u2022 Associates who meet 75% or more of their hours targets: 75% of special bonus\u2022 Associates who are between 50% and 74% of their hours targets: 50% of special bonus\u2022 Associates who are under 50% of their hours targets: no special bonus<\/p>\n<\/blockquote>\n<p>If you\u2019ve met your hours qualifications at the firm, there\u2019s some great news waiting for you. Associates who have \u201csubstantially\u201d exceeded their productivity goals will receive additional bonuses, on top of their year-end and special bonuses. Now that\u2019s something to celebrate!<\/p>\n<p>Congratulations to everyone at Winston &amp; Strawn! Associates are sure to have a happy New Year when bonus money hits their accounts at the end of January 2025.<\/p>\n<p>(Flip to the next page to read the firm\u2019s bonus memo in full.)<\/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#abdfc2dbd8ebcac9c4ddcedfc3cec7cadc85c8c4c694d8dec9c1cec8df968e9ee9edc2d9c68e999be5cac6ce8e9eef8e999be9c4c5ded884e6cadfc8c3ced8\" rel=\"nofollow noopener\" target=\"_blank\">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<p><strong><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-441281\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/2016\/11\/Staci-Zaretsky.jpg?resize=150%2C100&#038;ssl=1\" alt=\"Staci Zaretsky\" width=\"150\" height=\"100\" title=\"\"><em><a href=\"https:\/\/abovethelaw.com\/author\/staci-zaretsky\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Staci Zaretsky<\/a>\u00a0is a senior editor at 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#36454257555f765754594053425e535a57411855595b\" 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=\"noopener nofollow\">Bluesky<\/a>,\u00a0<a href=\"https:\/\/twitter.com\/stacizaretsky\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">X\/Twitter<\/a>, and\u00a0<a href=\"https:\/\/www.threads.net\/@stacizaretsky\" target=\"_blank\" rel=\"noopener nofollow\">Threads<\/a>,\u00a0or connect with her on\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/staci-zaretsky\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">LinkedIn<\/a>.<\/em><\/strong><\/p>\n<p><strong>1<\/strong> <a href=\"https:\/\/abovethelaw.com\/2024\/12\/winston-strawn-bonus-2024\/2\/\" rel=\"nofollow noopener\" target=\"_blank\">2<\/a><a href=\"https:\/\/abovethelaw.com\/2024\/12\/winston-strawn-bonus-2024\/2\/\" rel=\"nofollow noopener\" target=\"_blank\">Next \u00bb<\/a><\/p>\n<div id=\"shs-form-918f9998-ad56-4438-b7e2-7d3c4676b70e\" class=\"\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/2017\/11\/bonus-time-Biglaw-bonuses-money-law-firm-bonus.jpg?resize=600%2C468&#038;ssl=1\" alt=\"Bonus Time\" width=\"600\" height=\"468\" title=\"\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>But don&#8217;t forget to read the fine print: Eligibility for special bonuses at this firm is based on hours, too. The post Top 50 Biglaw Firm Announces Bonuses, With More Money Added On Top For Its Busiest Billers appeared first on Above the Law. Biglaw firms keep rolling out bonuses as the year draws to [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":97705,"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":[16,17],"tags":[],"class_list":["post-97704","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-above_the_law","category-legal_matters"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/xira.com\/p\/wp-content\/uploads\/2024\/12\/hundreds-money-bonuses-GettyImages-1159021096-n52J6Y.jpeg?fit=2121%2C1414&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/97704","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"}],"replies":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/comments?post=97704"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/97704\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/97705"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=97704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=97704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=97704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}