Shearman & Sterling -- The Latest Biglaw Firm To Throw Their Hat Into The Fall Special Bonus Ring
Biglaw firms are saying thank you in the best way they know how -- with money.
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The autumn of Biglaw special bonuses continues!
Cooley got the COVID appreciation bonuses ball rolling (even if the firm is happy to no longer be the market leader). But Davis Polk did not come to play, and they wowed with more money and others have matched that more generous scale.
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Folks at got a welcomed announcement this afternoon from the powers-that-be at Shearman & Sterling. The firm announced they’d also be joining the elite of Biglaw in giving out COVID-19 appreciation bonuses. Payable on October 30th, the firm will give out between $7,500 and $40,000 depending on class year according to the following schedule:
2019 – $7,500
2018 – $10,000
2017 – $20,000
2016 – $27,500
2015 – $32,500
2014 – $37,000
2013 and above – $40,000
You can read the firm’s full announcement on the next page.
Please help us help you when it comes to bonus news at other firms. As soon as your firm’s bonus 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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Kathryn Rubino is a Senior Editor at Above the Law, and host of The Jabot podcast. AtL tipsters are the best, so please connect with her. Feel free to email her with any tips, questions, or comments and follow her on Twitter (@Kathryn1).
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