Biglaw firms are busy matching the prevailing market rate for bonuses, but at some firms, matching the market scale set by Cravath is only the start. If you want money, money, and even more money, a firm like Cahill Gordon & Reindel is the place to be.
The firm has come over the top yet again on its special bonuses — by quite a bit compared to what’s being offered by Milbank, which has become the firm’s calling card in recent years. Here’s what the bonus scale looks like at Cahill:
But that’s not all. The firm is going even farther this year, but offering up even more cash for deserving associates. Here’s a relevant excerpt from Cahill’s bonus memo:
[A] select number of associates in the Classes of 2018 through 2021 who have demonstrated extraordinary performance this past year will be eligible to receive a super bonus of up to $200,000 (based on performance and seniority), which will be in lieu of the Special Bonus….
Wow — a six-figure super bonus really is super! A big congratulations to everyone at Cahill!
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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.
The post In Addition To Year-End Bonuses, This Biglaw Firm Is Offering Associates ‘Super Bonuses’ Of Up To $200K appeared first on Above the Law.