Biglaw Special Bonus Bonanza Makes Its Way To Texas
More associates get to share in the special bonus good fortune.
The special bonuses are still coming, fast and furious, to Biglaw firms around the country! Now we’ve gotten word that a Texas-based firm has gotten in on the action, showering its associates with extra money — on top of the regular year-end bonuses — as a thank you for their hard work during the pandemic.
Yesterday, Vinson & Elkins announced special bonuses, payable in two tranches. Associates’ special payday will come at the end of May and October, with the second payment larded up. The payment schedule is as follows:
Associates need to bill 1,900 hours, annualized, to be eligible for the special bonuses with the opportunity for a make-up payment if an associate’s hours come later in the year.
You can read the firm’s full memo 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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