{"id":98300,"date":"2024-12-20T11:01:42","date_gmt":"2024-12-20T19:01:42","guid":{"rendered":"https:\/\/xira.com\/p\/2024\/12\/20\/biglaw-firm-announces-exciting-special-bonus-match-with-market-bonuses-to-come-in-march\/"},"modified":"2024-12-20T11:01:42","modified_gmt":"2024-12-20T19:01:42","slug":"biglaw-firm-announces-exciting-special-bonus-match-with-market-bonuses-to-come-in-march","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2024\/12\/20\/biglaw-firm-announces-exciting-special-bonus-match-with-market-bonuses-to-come-in-march\/","title":{"rendered":"Biglaw Firm Announces Exciting Special Bonus Match, With Market Bonuses To Come In March"},"content":{"rendered":"<p>All of this cash will look even nicer in the spring!<br \/>\nThe post Biglaw Firm Announces Exciting Special Bonus Match, With Market Bonuses To Come In March appeared first on Above the Law.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-518728\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/2018\/11\/GettyImages-855046574-300x179.jpg?resize=300%2C179&#038;ssl=1\" alt=\"Currency. money gift bonus\" width=\"300\" height=\"179\" title=\"\">The winter holidays are nearly upon us, and Biglaw firms are rushing to stuff their associates\u2019 accounts full of cash \u2014 and some firms are still doing it now, even though associates won\u2019t see the money for a few months.<\/p>\n<p>The latest firm to match Milbank\u2019s generous\u00a0<a href=\"https:\/\/abovethelaw.com\/2024\/11\/milbank-year-end-bonuses-24\/\" target=\"_blank\" rel=\"noopener nofollow\">year-end<\/a>\u00a0and\u00a0<a href=\"https:\/\/abovethelaw.com\/2024\/08\/milbank-summer-bonus-24\/\" target=\"_blank\" rel=\"noopener nofollow\">special<\/a>\u00a0bonus scales is Choate Hall &amp; Stewart, the Boston-based firm that brought in $327,084,000 gross revenue in 2023, putting it at No. 119 on the Am Law 100. The firm made its announcement yesterday, specifically calling out the special bonus match for all principals, associates, patent agents, and staff scientists. Here\u2019s what the scale looks like at the firm:<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-1078931\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/2024\/12\/IMG_9037-300x223.jpeg?resize=300%2C223&#038;ssl=1\" alt=\"IMG_9037\" width=\"300\" height=\"223\" title=\"\"><\/p>\n<p>The firm also intends to match the prevailing market rate on year-end bonuses, noting that the special bonuses will be paid out at the same time as their \u201ccustomary annual market bonuses\u201d in March.<\/p>\n<p>Congratulations to everyone at Choate!<\/p>\n<p><em>(Flip to the next page to see the full memo from the firm.)<\/em><\/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#5a2e332a291a3b38352c3f2e323f363b2d7439353765292f38303f392e677f6f181c3328377f686a143b373f7f6f1e7f686a1835342f2975173b2e39323f29\" 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<hr \/>\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#63101702000a2302010c1506170b060f02144d000c0e\" 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\/choate-bonus-2024\/2\/\" rel=\"nofollow noopener\" target=\"_blank\">2<\/a><a href=\"https:\/\/abovethelaw.com\/2024\/12\/choate-bonus-2024\/2\/\" rel=\"nofollow noopener\" target=\"_blank\">Next \u00bb<\/a><\/p>\n<hr \/>\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<hr \/>\n","protected":false},"excerpt":{"rendered":"<p>All of this cash will look even nicer in the spring! The post Biglaw Firm Announces Exciting Special Bonus Match, With Market Bonuses To Come In March appeared first on Above the Law. The winter holidays are nearly upon us, and Biglaw firms are rushing to stuff their associates\u2019 accounts full of cash \u2014 and [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":98301,"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-98300","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\/GettyImages-855046574-KHnb3K-scaled.jpeg?fit=2560%2C1530&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/98300","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=98300"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/98300\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/98301"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=98300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=98300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=98300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}