"Bonus news is still coming in at Biglaw firms. The latest firm to announce a market match on associate bonuses is Katten Muchin Rosenman. Well, if you've been busy billing - and the bonus amount keeps going up the more you bill. Sure, the year-end bonus schedule at Katten is a little more complex then most. But associates can take down market bonuses once they bill 2,000 hours. Additional billables are rewarded as per this chart."
"Plus, there are the special bonuses that associates can add to their comp package when they hit 2,000 hours in the range of $6,000 - $25,000 depending on seniority. On top of all these associate bonuses, "superstar" bonuses are also available on a discretionary basis. 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")."
Katten Muchin Rosenman will match market-year-end associate bonuses tied to billable hours, with a market match available once associates bill 2,000 hours. Additional bonuses increase with further billable hours according to a tiered chart. Associates who hit 2,000 hours also receive special stacked bonuses ranging from $6,000 to $25,000 depending on seniority. Discretionary “superstar” bonuses are available on top of scheduled and special bonuses. Tip submission methods include text to 646-820-8477 or email with subject "[Firm Name] Bonus/Matches." Memos can be sent as photos. Subscribers to Bonus Alerts receive immediate email notifications of announcements.
Read at Above the Law
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