Bonus season is off to a great start, with Cravath leading the Biglaw pack in the annual follow-the-leader of compensation announcements. The elite firm’s 2025 year-end bonuses echo last year’s scale, and include Milbank’s special bonuses as well. Which firm is the latest to match these bountiful bonus bucks? To be frank, we’re not surprised about this one, since the firm is “committed to paying competitive compensation.”
Fried Frank — which reported $1,136,370,000 in gross revenue and profits per equity partner of $5,184,000 in 2024 according to the most recent Am Law 100 — is offering the following bonus scale to associates in New York, Washington, DC, and London:
In addition to these year-end and special bonuses (available to those who recorded a minimum of 1850 hours), Fried Frank is offering up premium bonuses for associates who reach 2200 hours or 2450 hours, ranging from $3,000 to $34,500 above market bonuses, which is a pretty nice payday for hardworking attorneys.
Cash will hit bank accounts for associates at the firm before December 31.
Congratulations to everyone at Fried Frank!
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Staci Zaretsky is the managing editor of Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Bluesky, X/Twitter, and Threads, or connect with her on LinkedIn.
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