Thanksgiving is nearly upon us, and this holiday season, Biglaw associates’ bank accounts are being stuffed like turkeys thanks to firm after firm matching the prevailing market bonus rate.
We’ve recently received word that commercial litigation boutique Holwell Shuster & Goldberg has announced its bonus scale. The firm — founded in 2012 by former Southern District of New York Judge Richard Holwell, along with former White & Case colleagues Mike Shuster, Dan Goldberg, and Dorit Ungar Black — is a destination for litigators who want to be paid well and gain trial experience early in their careers. Of course the successful firm is offering associates a Cravath match, complete with Milbank’s summer bonuses. Here’s what that looks like at the firm, with deposits set to hit bank accounts in late December:
Here’s a kind note to associates that was included in the firm’s bonus memo:
We are proud of our continued commitment to providing top-tier legal services and the impressive victories that we have earned for our clients as a result. You are all a big part of what makes the firm’s successes possible and why HSG remains a very special place to practice law.
Congratulations to everyone at Holwell Shuster & Goldberg!
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 email us (subject line: “[Firm Name] Bonus/Matches”). Please include the memo if available. You can take a photo of the memo and send it via text or email if you don’t want to forward the original PDF or Word file.
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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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