"Associates associate time of year with two things: getting paid a lot of money and finally having the time to see your family. And for the associates at Cleary Gottlieb, they won't have to worry about getting their money! The firm boasted an impressive $1,700,000,000 gross revenue in 2024 according to Am Law 100 and has no problem with sharing the wealth via bonuses and special bonuses. Here's the scale:"
"Now that that's out of the way, let's loop back to the seeing your family bit of the holidays. According to Above the Law tipsters, Cleary told associates to cancel any holiday plans they had - those hours aren't going to bill themselves after all. The silver lining behind the golden handcuffs is that the firm also offered to reimburse the travel costs lost by the last minute cancellation."
"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."
Cleary Gottlieb reported $1.7 billion in gross revenue for 2024 and will pay year-end bonuses on December 19. Associates were instructed to cancel holiday plans to protect billable hours, and the firm offered to reimburse travel costs lost due to last-minute cancellations. Associates without current vacation plans were encouraged to schedule proper vacation time for 2026. The firm paired bonus payments with reimbursements and scheduling expectations as compensation for the disruption. Firms are asked to submit bonus memos by email (subject line: "[Firm Name] Bonus") or text to 646-820-8477, including the memo or a photo.
Read at Above the Law
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