One Of Biglaw's Top Firms Enters The Bonus Races With A Match
Congrats, associates!
Bonuses keep dropping across the Biglaw landscape, and associates seem to be enjoying the annual holiday cash grab. Earlier this week, Simpson Thacher & Barlett, one of Biglaw’s premier firms, got in on the action.
Simpson Thacher brought home $2,224,191,000 gross revenue last year, putting it in 13th place in the most recent Am Law 100. Now, the firm is coming in hot with a bonus match.
Here’s the STB scale, in case you’ve forgotten what it looks like:
- Class of 2022: $15,000 (pro-rated)
- Class of 2021: $20,000
- Class of 2020: $30,000
- Class of 2019: $57,500
- Class of 2018: $75,000
- Class of 2017: $90,000
- Class of 2016: $105,000
- Class of 2015: $115,000
Congratulations on your bonuses, Simpson Thacher associates!
(Flip to the next page to see the full memo from Simpson Thacher.)
Remember everyone, we depend on your tips to stay on top of important bonus updates, so when your firm announces or matches, please text us (646-820-8477) or email us (subject line: “[Firm Name] Matches”). 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.
And if you’d like to sign up for ATL’s Bonus Alerts (which is the alert list we also use for salary announcements), please scroll down and enter your email address in the box below this post. If you previously signed up for the bonus alerts, you don’t need to do anything. You’ll receive an email notification within minutes of each bonus announcement that we publish. Thanks for your help!
Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.
