"But that's not all. The firm is going even farther this year, but offering up even more cash for deserving associates. Here's a relevant excerpt from Cahill's bonus memo: [A] select number of associates in the Classes of 2018 through 2021 who have demonstrated extraordinary performance this past year will be eligible to receive a super bonus of up to $200,000 (based on performance and seniority), which will be in lieu of the Special Bonus...."
"Remember everyone, we depend on your tips to stay on top of compensation updates, so when your firm announces or matches, please text us (646-820-8477) or email us (subject line: "[Firm Name] Bonus/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."
Cahill Gordon & Reindel is paying bonuses that exceed the prevailing market scale, surpassing firms that match the Cravath standard and outpacing recent Milbank special bonuses. The firm applies the market-aligned bonus scale for associates while allocating additional special and super bonuses to high performers. A select group of associates from the Classes of 2018 through 2021 who demonstrated extraordinary performance are eligible for super bonuses of up to $200,000, awarded based on performance and seniority and replacing the Special Bonus. Employees are encouraged to submit memos and tips via text or email to track future compensation updates and alerts.
Read at Above the Law
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