Sometimes extra money comes with extra work. Foley & Lardner is paying their associates handsomely — $25k above market in some cases — but you’ve got to hit the 2200 hour mark for that extra compensation. 2100 gets you market value and 2000 or below gets you a push to do better next year. While there’s no questioning that the firm is raking in a large amount of money, $1,275,570,000 gross revenue in 2024 according to Am Law 100, the firm’s relatively high headcount could explain why the hours threshold shows such stark differences in pay.
Here’s the scale:
To the hard workers at Foley & Lardner, enjoy the money! If you’re feeling festive, set aside some of that cash to buy a scent that reminds you of the holiday season. Bonuses are scheduled to be paid by the end of January 2026.
We like hearing about bonuses almost as much as you enjoy spending them. As soon as your firm’s memo comes out, please email it to us (subject line: “[Firm Name] Bonus”) or text us (646-820-8477). 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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Chris Williams became a social media manager and assistant editor for Above the Law in June 2021. Prior to joining the staff, he moonlighted as a minor Memelord™ in the Facebook group Law School Memes for Edgy T14s . He endured Missouri long enough to graduate from Washington University in St. Louis School of Law. He is a former boatbuilder who is learning to swim, is interested in critical race theory, philosophy, and humor, and has a love for cycling that occasionally annoys his peers. You can reach him by email at cwilliams@abovethelaw.com and by tweet at @WritesForRent.
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