"It was only earlier this year that the Biglaw world got its latest mega firm following the merger of Herbert Smith Freehills and Kramer Levin. The combined firm grosses more than $2 billion, and they're putting all that cash to good use - associate bonuses. Earlier today, Herbert Smith Freehills Kramer unveiled its first associate bonus scale, matching the market standard with both year-end and special bonuses for associates in good standing. The bonus scale is as follows:"
"Bonuses will be paid on February 13, 2026. The full memo is available below. 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."
Herbert Smith Freehills and Kramer Levin merged earlier this year to form a mega firm that grosses more than $2 billion. The combined firm unveiled its first associate bonus scale matching market-standard levels. The bonus framework includes both year-end and special bonuses for associates in good standing. Bonuses are scheduled to be paid on February 13, 2026. The firm provided a memo containing the bonus scale and payment date. The scale aligns with prevailing Biglaw compensation practices and signals a competitive approach to associate pay following the merger.
Read at Above the Law
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