{"id":97999,"date":"2024-12-16T18:01:42","date_gmt":"2024-12-17T02:01:42","guid":{"rendered":"https:\/\/xira.com\/p\/2024\/12\/16\/boutique-firm-reportedly-beats-market-rate-on-associate-bonuses\/"},"modified":"2024-12-16T18:01:42","modified_gmt":"2024-12-17T02:01:42","slug":"boutique-firm-reportedly-beats-market-rate-on-associate-bonuses","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2024\/12\/16\/boutique-firm-reportedly-beats-market-rate-on-associate-bonuses\/","title":{"rendered":"Boutique Firm Reportedly Beats Market Rate On Associate Bonuses"},"content":{"rendered":"<p>What an exciting time to work at a boutique firm!<br \/>\nThe post Boutique Firm Reportedly Beats Market Rate On Associate Bonuses appeared first on Above the Law.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-715466\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/2020\/11\/money-wreath-GettyImages-157532541-300x300.jpg?resize=300%2C300&#038;ssl=1\" alt=\"Money Wreath\" width=\"300\" height=\"300\" title=\"\">Biglaw and boutique law firm associates alike are dreaming of a holiday season with a lot more cash in their accounts thanks to 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.<\/p>\n<p>The latest boutique to spread the wealth to associates is New York-based investment fund litigation boutique <a href=\"https:\/\/www.rksllp.com\/\" target=\"_blank\" rel=\"noopener nofollow\">Rolnick Kramer Sadighi<\/a>. The young firm recently closed out its fourth year, and in a <a href=\"https:\/\/www.linkedin.com\/posts\/rksllp_rksllp-litigationalpha-activity-7272999909379788803-ucvD\/?utm_source=share&amp;utm_medium=member_desktop\" target=\"_blank\" rel=\"noopener nofollow\">LinkedIn post<\/a> published last week, announced that \u201cfor the second time in three years, our associate and counsel bonuses exceed the Cravath\/Milbank year-end and special bonus scale.\u201d<\/p>\n<p>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 <em>\u201cabove\u201d<\/em> these amounts:<\/p>\n<ul>\n<li>Class of 2024 \u2013 $15,000 \/ $6,000<\/li>\n<li>Class of 2023 \u2013 $20,000 \/ $6,000<\/li>\n<li>Class of 2022 \u2013 $30,000 \/ $10,000<\/li>\n<li>Class of 2021 \u2013 $57,500 \/ $15,000<\/li>\n<li>Class of 2020 \u2013 $75,000 \/ $20,000<\/li>\n<li>Class of 2019 \u2013 $90,000 \/ $25,000<\/li>\n<li>Class of 2018 \u2013 $105,000 \/ $25,000<\/li>\n<li>Class of 2017+ \u2013 $115,000 \/ $25,000<\/li>\n<\/ul>\n<p>Congratulations to all Rolnick Kramer Sadighi associates!<\/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#483c21383b08292a273e2d3c202d24293f662b2725773b3d2a222d2b3c756d7d0a0e213a256d7a780629252d6d7d0c6d7a780a27263d3b6705293c2b202d3b\" 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#32414653515b7253505d4457465a575e53451c515d5f\" 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<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>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\u2019s generous year-end and special [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":98000,"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-97999","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\/money-wreath-GettyImages-157532541-t8WtjD.jpeg?fit=1732%2C1732&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/97999","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=97999"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/97999\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/98000"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=97999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=97999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=97999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}