{"id":99688,"date":"2025-01-09T11:03:11","date_gmt":"2025-01-09T19:03:11","guid":{"rendered":"https:\/\/xira.com\/p\/2025\/01\/09\/top-20-biglaw-firm-announces-bonus-structure-for-associates\/"},"modified":"2025-01-09T11:03:11","modified_gmt":"2025-01-09T19:03:11","slug":"top-20-biglaw-firm-announces-bonus-structure-for-associates","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2025\/01\/09\/top-20-biglaw-firm-announces-bonus-structure-for-associates\/","title":{"rendered":"Top 20 Biglaw Firm Announces Bonus Structure For Associates"},"content":{"rendered":"

Bonus season isn’t over yet!
\nThe post Top 20 Biglaw Firm Announces Bonus Structure For Associates appeared first on Above the Law.<\/p>\n

We may be beyond the time that Larry David believes it\u2019s acceptable to wish someone a happy new year, but that doesn\u2019t mean 2024 is completely forgotten in Biglaw. Especially not when there are bonuses still to give out.<\/p>\n

Today, Goodwin Procter \u2014 a firm with over $2 billion in gross revenue, making it #16 on the Am Law 100 \u2014 announced bonuses. As with the tippy top<\/a> of Biglaw firms, Goodwin is giving out both annual bonuses as special bonuses to reward associates for all their hard work last year.<\/p>\n

The bonus schedule at Goodwin is as follows:<\/p>\n\n\n\n\n\n\n\n\n\n\n
Salary Class<\/strong><\/td>\nBonus<\/strong><\/td>\nSpecial Bonus<\/strong><\/td>\n<\/tr>\n
2023<\/strong><\/td>\n$20,000<\/td>\n$6,000<\/td>\n<\/tr>\n
2022<\/strong><\/td>\n$30,000<\/td>\n$10,000<\/td>\n<\/tr>\n
2021<\/strong><\/td>\n$57,500<\/td>\n$15,000<\/td>\n<\/tr>\n
2020<\/strong><\/td>\n$75,000<\/td>\n$20,000<\/td>\n<\/tr>\n
2019<\/strong><\/td>\n$90,000<\/td>\n$25,000<\/td>\n<\/tr>\n
2018<\/strong><\/td>\n$105,000<\/td>\n$25,000<\/td>\n<\/tr>\n
2017+<\/strong><\/td>\n$115,000<\/td>\n$25,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Bonuses will be paid on January 24th. Associates who billed at least 1,950 hours during the last fiscal year are eligible for bonuses. Pro bono time and up to 100 hours of Culture & Innovation (marketing activities, knowledge management, Business Unit and Legal Practice Area initiatives, diversity initiatives, training and participation on firm committees) count towards that threshold. Full memo available on the next page<\/a>.<\/p>\n

Remember everyone, we depend on your tips to stay on top of important bonus updates, so when your firm matches, please text us (646-820-8477) or\u00a0email us<\/a>\u00a0(subject line: \u201c[Firm Name] 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

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 all of your help!<\/p>\n

\n

\"KathrynKathryn Rubino is a Senior Editor at Above the Law, host of The Jabot podcast<\/a>, and co-host of Thinking Like A Lawyer<\/a>. AtL tipsters are the best, so please connect with her. Feel free to email her<\/a> with any tips, questions, or comments and follow her on Twitter @Kathryn1<\/a>\u00a0or Mastodon @[email\u00a0protected].<\/a><\/em><\/strong><\/p>\n

1<\/strong> 2<\/a>Next \u00bb<\/a><\/p>\n

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\"Bonus<\/div>\n
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Bonus season isn’t over yet! The post Top 20 Biglaw Firm Announces Bonus Structure For Associates appeared first on Above the Law. We may be beyond the time that Larry David believes it\u2019s acceptable to wish someone a happy new year, but that doesn\u2019t mean 2024 is completely forgotten in Biglaw. Especially not when there […]<\/p>\n","protected":false},"author":0,"featured_media":99689,"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-99688","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\/2025\/01\/lawyer-money-GettyImages-2149096288-aAaviO.jpeg?fit=2121%2C1414&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/99688","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=99688"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/99688\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/99689"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=99688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=99688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=99688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}