"We've now confirmed that Orrick - a firm that brought in $1,593,353,000 gross revenue in 2024, putting it at No. 35 in the most recent Am Law 100 - has chosen to use the Cravath scale for its year-end bonuses, complete with the special bonuses being offered by Milbank. That said, here's what the bonus and salary scales look like at the firm:"
"Compensation news continues to spread across the Biglaw landscape, and associates couldn't be happier. From Am Law 200 firms to boutique firms, there will be more money in associates' pockets this holiday season, and the excitement is palpable. The firm is also considering overmarket merit bonuses for those who have displayed "exceptional performance" this year. Special bonuses will be paid out on December 31, 2025, while merit bonuses will hit bank accounts in mid-February 2026."
Compensation updates are spreading across Biglaw, with many firms increasing associate pay this holiday season. Orrick reported $1,593,353,000 gross revenue in 2024 and ranked No. 35 in the Am Law 100. Orrick will adopt the Cravath scale for year-end bonuses and will include the special bonuses that Milbank is offering. The firm may award overmarket merit bonuses to lawyers who showed exceptional performance this year. Special bonuses will be paid on December 31, 2025, and merit bonuses will be paid in mid-February 2026. Tips and memos can be sent via text or email, and readers can sign up for Bonus Alerts.
Read at Above the Law
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