There’s good news for the associates working at Hogan Lovells — you’re in for a lot of money! Hogan Lovells, a firm that brought in $2,964,460,000 gross revenue in 2024, is sharing the wealth this holiday season by matching the Cravath scale. For those with photographic memories, the payouts look very similiar to last year’s bonus scale. To everyone else who happens to be normal, the scale is below:
Looks like HoLove learned the lesson this year and matched their competitors’ special bonuses. Last year, they weren’t as generous with the holiday cheer and the associates were pissed! The associates can rest easy now. Unless, of course, Milbank decides to drop a more generous bonus package and upend the scale. Don’t give it too much thought, though. Firms raking in billions of dollars can match whatever the new market rate tops out at if they want to. Speaking of that money, you’ll be getting the bonus money in your final 2025 paycheck!
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.
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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