"On top of these bonuses, MWS will be continuing one of MWE's traditions of offering bonuses that go above and beyond the market scale. As chairman Ira Coleman notes in the firm's announcement, "We remain committed to being top of market in all that we do and are pleased to note that, consistent with prior years, about two-thirds of legacy MWE Associates will earn above the Cravath scale." We suppose legacy SRZ associates - who were formerly able to cash in on step-up bonuses for their extraordinary contributions - will be able to get in on that action next year."
"McDermott Will & Schulte - formed from the August 2025 union of McDermott Will & Emery and Schulte Roth & Zabel - has adopted the Cravath bonus scale, as well as the Milbank special bonus scale. Bonuses for legacy MWE associates will be paid out on December 26, 2025, while bonuses for legacy SRZ associates will be paid out on January 16, 2026. Congratulations to everyone at McDermott Will & Schulte!"
McDermott Will & Schulte formed from the August 2025 union of McDermott Will & Emery and Schulte Roth & Zabel. The firm adopted the Cravath bonus scale and the Milbank special bonus scale for associate compensation. MWS will continue MWE traditions of offering above-market bonuses, and about two-thirds of legacy MWE associates are expected to earn above the Cravath scale. Legacy SRZ associates previously received step-up bonuses for extraordinary contributions and may become eligible for above-market awards next year. Bonuses for legacy MWE associates will be paid December 26, 2025; legacy SRZ associates will be paid January 16, 2026. Tip submission and Bonus Alerts sign-up instructions were provided.
Read at Above the Law
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