August 16, 2022

Associate Compensation Scorecard: Biglaw’s 2021 Bonus Blowout

Firm Date Matched Minimum Hours Payout Date Cravath
Class of 2021: $15K (pro-rated)
Class of 2014: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K FIRST MOVER
November 22, 2021
December 7, 2021 (special bonuses) None December 17, 2021 Cleary
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K November 23, 2021
December 7, 2021 (special bonus) None December 22, 2021 Boies Schiller
Market Bonuses
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Traditional Bonuses
Rev share + unique monetary formula November 23, 2021 For market bonuses: 2000-2349 hours for regular bonuses; 2350-2599 hours for extraordinary bonuses ($20K-$140K); 2600+ hours for extra-extraordinary bonuses ($30K-$150K) December 2021 Cadwalder
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K
(includes counsel) November 23, 2021
December 14, 2021 (special bonuses) Additional bonuses “equal to 120% of [market bonuses]” for high billers with 2200 hours or more February 2022 Fried Frank
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K November 23, 2021
December 7, 2021 (special bonus) 2000 hours to receive full bonus (comprised of billable hours, firm matter hours, pro bono hours (including 20 mandatory), and qualifying non-billable hours); premium bonuses ranging from $2,250 to $30K $3K to $34.5K above class-year levels for eligible associates December 31, 2021 DLA Piper
Class of 2020: $20K
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 1, 2021
December 14, 2021 (special bonuses) Based on seniority, performance rating (3, 4 or 5), and total bonus hours (including billable, billable equivalent, pro bono, shadowing, and knowledge management hours); incremental increases for higher bonus hours; bonuses for “highest-rated and most productive associates of up to 50 percent or more overmarket” January 28, 2022; those who meet production hours by December 17 eligible for 50% of base market bonus payout on December 30, 2021 Cohen Ziffer
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K December 1, 2021 None (potential for larger associate bonuses based on “extraordinary performance or commitment”) December 17, 2021 Glenn Agre
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 2, 2021
December 20, 2021 (special bonuses) None (associates eligible for “premium” bonuses based on “extraordinary dedication and/or performance”) December 17, 2021 Holwell Shuster
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K December 2, 2021 None On or before December 31, 2021 Mayer Brown
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 2, 2021
December 15, 2021 2000 hours (1900 billable, 100 non-billable) February 2022 Hogan Lovells
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 2, 2021
December 10, 2021 (special bonus) 2000 hours (including up to 150 pro bono hours until associates meet 1850 hours, then unlimited pro bono hours, and including up to 50 D&I hours, if they have billed at least 1800 hours; bonuses “may be adjusted upward” based on “outstanding contributions significantly in excess of expectations”) December 31, 2021 Baker McKenzie
Firm has committed to “match the prevailing scale” in its U.S. offices
Class of 2020: $20K
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 3, 2021
December 10, 2021 (formal announcement) 25% bonus premium at 2300+ hours, ranging from $5K to $28.75K for year-end bonuses and $1K to $5.75K for special bonuses February 11, 2022 Morrison & Foerster
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K December 3, 2021 Based on billable hours (client service award bonuses for 2500+ hours; awards ranging from 30-55% of class-year bonuses) Undisclosed Davis Polk
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K FIRST MOVER ON SPECIAL BONUS
December 6, 2021 None December 30, 2021 Paul Weiss
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 6, 2021 None December 20, 2021 Paul Hastings
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 6, 2021 2000 hours February 4, 2022 Debevoise
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 6, 2021 None December 2021 Willkie Farr
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 6, 2021 None December 30, 2021 Milbank
Class of 2021: $15K (pro-rated)
Class of 2013: $115K
Special Bonus
Class of 2020: $4K
Class of 2013: $23K December 6, 2021 None December 31, 2021 Skadden
Class of 2021: $15K (pro-rated)
Class of 2015: $105K or $115K
Class of 2014+: $115K or $125K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 7, 2021 None December 17, 2021 Simpson Thacher
Class of 2021: $15K (pro-rated)
Class of 2013: $115K
Special Bonus
Class of 2020: $4K
Class of 2013: $23K December 7, 2021 None December 30, 2021 Katten
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 7, 2021
December 14, 2021 (special bonuses) 2000 hours (bigger bonuses for every 100 hours over base requirement, up to $31K-$172.5K for 2400 hours) Undisclosed Hueston Hennigan
All associates in good standing reportedly received bonuses on an “enhanced DPW scale” December 7, 2021 Based on class year, hours, and good standing (those who took cases to trial in 2021 received additional bumps) Undisclosed Proskauer
Class of 2021: $15K (pro-rated)
Class of 2013: $115K
Special Bonus
Class of 2020: $4K
Class of 2013: $23K December 7, 2021 None December 30, 2021 Shearman & Sterling
Class of 2021: $15K (pro-rated)
Class of 2013: $115K
Special Bonus
Class of 2020: $4K
Class of 2013: $23K
(includes counsel) December 7, 2021 Bonus amounts at the firm are discretionary and based on performance December 22, 2021 Linklaters
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 7, 2021 None December 30, 2021 Norton Rose
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 8, 2021 Undisclosed (bonus scale only applies for California, New York, Texas, and Washington, D.C. offices; Denver, St. Louis, and Minneapolis will be on a “regional” scale) January 31, 2022 Gibson Dunn
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 8, 2021 Special bonus awarded to those who have met the firm’s productivity targets Undisclosed O’Melveny & Myers
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 8, 2021 None February 2022 Duval & Stachenfeld
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 8, 2021 Undisclosed Undisclosed Schulte Roth & Zabel
Class of 2021: $15K (pro-rated)
Class of 2012: $115K
Special Bonus
Class of 2020: $4K
Class of 2012: $23K December 8, 2021 2000 hours (below 1600 hours, associates receive $5K bonus; at 1600 hours, associates receive 50% of bonus/special bonus; step up bonuses from $2.5K to $15K for reaching 2300 hours, 2500 hours, and 2700 hours) January 24, 2022 Clifford Chance
Class of 2021: $15K (pro-rated)
Class of 2012: $115K
Special Bonus
Class of 2020: $4K
Class of 2012: $23K December 8, 2021 None (based on overall performance, quality of work, contributions to firm, teamwork, and pro bono) January 14, 2022 Freshfields
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 8, 2021 None (based on overall performance, quality of work, contributions to firm, teamwork, and pro bono) December 15, 2021 Wilkinson Stekloff
Class of 2021: $30K
Class of 2014+: $230K December 8, 2021 None December 15, 2021 Dechert
Class of 2021: $15K (pro-rated)
Class of 2012: $115K
Special Bonus
Class of 2020: $4K
Class of 2012: $23K December 9, 2021 1950 hours (those who hit 2200 billable hours will receive an extra 30% above year-end bonuses; associates with 2400 billable hours will get an extra 40% above year-end bonuses) Undisclosed Weil
Class of 2021: $15K (pro-rated)
Class of 2014+ and 3-year counsel: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 9, 2021 None January 31, 2022 Ropes & Gray
Class of 2021: $15K (pro-rated)
Class of 2013+: $130K
Special Bonus
Class of 2020: $4K
Class of 2013+: $23K December 9, 2021 Increased bonuses for associates who annualized above hourly target December 23, 2021 Kaplan Hecker & Fink
Class of 2021: $25K
Class of 2014+: $150K December 9, 2021 None December 2021 Sullivan & Cromwell
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 9, 2021 None December 20, 2021 Allen & Overy
Class of 2021: $15K (pro-rated)
Class of 2013: $115K
Special Bonus
Class of 2020: $4K
Class of 2013: $23K December 10, 2021 None January 15, 2022 Akin Gump
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 10, 2021 1950 hours (including with pro bono hours, general counsel hours, business development hours, and up to 100 hours of time spent on recruiting, diversity & inclusion, and/or innovation activities) February 2022 Kramer Levin
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K
(includes counsel) December 10, 2021 Eligible associates in good standing will receive bonuses February 15, 2022 White & Case
Class of 2021: $15K (pro-rated)
Class of 2013: $115K
Special Bonus
Class of 2020: $4K
Class of 2013: $23K
(includes counsel) December 10, 2021 Eligibility criteria detailed in separate memo February 14, 2022 Goodwin Procter
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 10, 2021 Those with 1950+ hours and a “distinctive” rating may be rewarded with “a maximum of 175%” of the bonus scale January 2022 Sidley
Class of 2020: $20K
Class of 2013+: $115K
Special Bonus
Class of 2020: $4K
Class of 2013+: $23K December 13, 2021 2000 hours required for base bonuses; associates with “higher productivity and/or exceptional performance” will receive additional bonuses Prior to December 31, 2021 Selendy & Gay
Class of 2021: $15.75K (pro-rated)
Class of 2014+: $121.9K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 14, 2021 None (some midlevel and senior associates will receive even more bonus money “based on a holistic assessment of performance”) Undisclosed Wilson Sonsini
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 14, 2021 1950 hours January 31, 2022 WilmerHale
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 14, 2021 2000 hours January 2022 Perkins Coie
Class of 2020: $20K
Class of 2013+: $115K
Special Bonus
Class of 2020: $4K
Class of 2013+: $23K December 14, 2021 1950 hours; bonuses are majority lockstep, with some individualized (using this scale as a base); bonuses are different in non-major markets (Denver and Seattle/Bellevue) with high/low ranges for sixth-years and above Undisclosed Pillsbury
Class of 2020: $20K
Class of 2014: $115K
Special Bonus
Class of 2020: $4K
Class of 2014: $23K
(includes counsel/special counsel) December 14, 2021 Attorneys who have met “minimum hours thresholds” eligible for bonuses; attorneys can earn up to an additional $50K as part of the firm’s “super bonus” program Undisclosed Orrick
Year 1 – Fall 2021: $15K (pro-rated)
Senior Associate Year 2+: $115K
Special Bonus
Year 1: $4K
Senior Associate Year 2+: $23K
(includes counsel) December 14, 2021 1950 hours (including up to 100 hours of a combination of training, DEI, business development, innovation, and other forms of firm and self-investment; pro bono hours; up to 40 hours of time devoted to unplugging) Undisclosed Susman Godfrey
Class of 2019: $105K
Class of 2013: $215K
(medians) December 15, 2021 None Undisclosed Ross Aronstam
Class of 2019: $30K
Class of 2015: $105K
Special Bonus
Class of 2019: $6K
Class of 2015: $21K December 15, 2021 None December 2021 Covington
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 15, 2021 Based on hours for both year-end and special bonuses Undisclosed Cahill
Class of 2021: $5K
Class of 2013: $115K
Special Bonus
Class of 2021: $2.5K
Class of 2013: $60K December 15, 2021 None On or before December 31, 2021 Arnold & Porter Kaye Scholer
Class of 2021: $15K
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2014+: $23K December 15, 2021 Supplemental year-end bonuses (20% of regular year-end bonus) available for those who billed 2600 hours (2400 of which must be billable) January 31, 2022 Sheppard Mullin
A1: $20K
C2: $115K
Special Bonus
A1: $4K
C2: $23K December 16, 2021 1850 hours target; 2000 hours for base bonus (associates who record 2200 and 2400 hours will receive 110% and 120% of the market bonus) January 2022 Winston & Strawn
Class of 2021: $15K (pro-rated)
Class of 2014: $115K
Class of 2013+: Case by case
Special Bonus
Class of 2020: $4K
Class of 2014: $23K
Class of 2013+: Case by case December 16, 2021 2000 hours for market bonus (additional $2K-$25K for every hundred hours over 2000 for Class of 2017-2020; additional $4K-$30K for every hundred hours over 2000 for Class of 2016+); no hours required for special bonus January 2022 Fenwick
Class of 2021: $15K
Tier 3: $115K
Special Bonus
Tier 1/Level 1: $4K
Tier 3: $23K December 17, 2021 1950 hours (“Triple R” rewards for associates who bill 2300+ hours, ranging from $10K to $30K) December 31, 2021 Kirkland & Ellis
Individualized, above-market bonuses (but less so than usual) December 17, 2021 None Undisclosed McKool Smith
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K December 20, 2021 Undisclosed Undisclosed Kellogg Hansen
Most junior classes: “far above market”
Avg bonus for senior classes: ~$300K
Top bonus: $400K December 20, 2021 Undisclosed Undisclosed Quinn Emanuel
Class of 2021: $15K (pro-rated)
Class of 2013: $115K
Special Bonus
Class of 2020: $4K
Class of 2013: $23K December 21, 2021 2000-2099 hours for bonuses ranging from ~$13K-~$76K (QE will round up to market if associates just missed the 2100 cutoff); 2100-2399 hours for market bonuses; 2400-2699 hours for bonuses ranging from $24K-$138K; 2700+ hours for bonuses ranging from $27K-~$155K Undisclosed Vinson & Elkins
Class of 2021: $15K (pro-rated)
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2013: $23K December 21, 2021 Based on hours and good standing January 31, 2022 McDermott Will & Emery
Individualized, but “above the Cravath scale”
Special Bonus
Class of 2020: $4K
Class of 2013: $23K December 21, 2021 2000 hours (for associates with 2000+ hours, bonuses on average are $40K more than “top” of market firms; associates in upper quartile for billables earning, on average, $85K more than market) Undisclosed Alston & Bird
Class of 2021: $15K
Class of 2014+: $115K
Special Bonus
Class of 2020: $4K
Class of 2013: $23K December 22, 2021 2000 hours (including up to 150 approved legal pro bono hours) March 2022