{"id":98113,"date":"2024-12-18T08:02:09","date_gmt":"2024-12-18T16:02:09","guid":{"rendered":"https:\/\/xira.com\/p\/2024\/12\/18\/everythings-bigger-in-texas-including-the-law-firm-bonuses\/"},"modified":"2024-12-18T08:02:09","modified_gmt":"2024-12-18T16:02:09","slug":"everythings-bigger-in-texas-including-the-law-firm-bonuses","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2024\/12\/18\/everythings-bigger-in-texas-including-the-law-firm-bonuses\/","title":{"rendered":"Everything\u2019s Bigger In Texas, Including The Law Firm Bonuses"},"content":{"rendered":"<p>Yeehaw! Associates at this firm can lasso some super-&#8216;kool&#8217; bonuses if they bill enough.<br \/>\nThe post Everything\u2019s Bigger In Texas, Including The Law Firm 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-399969\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/2015\/12\/bonus-money-gift-ribbon-present-300x202.jpg?resize=300%2C202&#038;ssl=1\" alt=\"bonus money gift ribbon present\" width=\"300\" height=\"202\" title=\"\">We absolutely love it when law firms keep it cool by matching Milbank\u2019s generous <a href=\"https:\/\/abovethelaw.com\/2024\/11\/milbank-year-end-bonuses-24\/\" target=\"_blank\" rel=\"noopener nofollow\">year-end<\/a> bonus scale\u2026 or in this case, we suppose they\u2019re keeping it \u201ckool.\u201d<\/p>\n<p>Sources report that McKool Smith \u2014 the Texas-based complex trial firm that\u2019s been handing out money to associates hand over fist for years \u2014 announced its year-end bonuses last week, and it\u2019s not surprising that the firm is matching Milbank. As a cherry on top of this bonus sundae, the firm is offering additional cash to associates who have diligently attended to their billable hours obligations, with some attorneys walking away with bonuses exceeding the Milbank scale by more than 35%.<\/p>\n<p>You may recall that McKool Smith was one of the few firms to offer up <a href=\"https:\/\/abovethelaw.com\/2024\/06\/mckool-smith-summer-bonus-2024\/\" target=\"_blank\" rel=\"noopener nofollow\">bonuses this past summer<\/a>, ranging from $2,500 to $30,000, based on their annualized billable hours. Associates still have the opportunity to true-up their summer bonus money if they move into another hours-based bonus tier by year\u2019s end, so they\u2019ll be able to make even more money.<\/p>\n<p>All in all, associates at the firm are ending the year with a really nice chunk of change. Congratulations to everyone at McKool Smith!<\/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#b1c5d8c1c2f1d0d3dec7d4c5d9d4ddd0c69fd2dedc8ec2c4d3dbd4d2c58c9484f3f7d8c3dc948381ffd0dcd49484f5948381f3dedfc4c29efcd0c5d2d9d4c2\" 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#5e2d2a3f3d371e3f3c31283b2a363b323f29703d3133\" 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>Yeehaw! Associates at this firm can lasso some super-&#8216;kool&#8217; bonuses if they bill enough. The post Everything\u2019s Bigger In Texas, Including The Law Firm Bonuses appeared first on Above the Law. We absolutely love it when law firms keep it cool by matching Milbank\u2019s generous year-end bonus scale\u2026 or in this case, we suppose they\u2019re [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":98114,"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-98113","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\/bonus-money-gift-ribbon-present-WDApn3.jpeg?fit=1688%2C1137&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/98113","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=98113"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/98113\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/98114"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=98113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=98113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=98113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}