Tons Of Dough: Biglaw Firm Serves Up A Four-Course Bonus Feast - Above the Law
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Tons Of Dough: Biglaw Firm Serves Up A Four-Course Bonus Feast - Above the Law
"Fresh from the oven, it's time for some bonus lovin'! Well, the news isn't exactly fresh since it happened back in December, but after bringing in $792,849,000 gross revenue in 2024, this firm was able to cook up some special bonus news for its associates and counsel. The firm we're speaking about is Pillsbury, and this time around, the firm served up bonuses on top of bonuses on top of bonuses on top of bonuses (including special bonuses, unlike last year)."
"That's right, attorneys at this firm are able to exceed market bonuses - so long as they bill, bill, bill. Here's what the bonus scale looks like at the firm: As noted in the firm's memo, all bonuses are "cumulative," meaning that the firm's most junior associates could earn up to $71,000, while the firm's most senior associates and counsel could earn up to $190,000. Those big-time bonuses worth celebrating."
Pillsbury reported $792,849,000 in gross revenue for 2024 and awarded cumulative bonuses including special bonuses not offered the prior year. Bonus amounts stack cumulatively so that the most junior associates can earn up to $71,000 and the most senior associates and counsel can earn up to $190,000. Attorneys may exceed standard market bonuses if they meet high billing expectations. The firm emphasized billing productivity as the determinant for bonus eligibility. Readers are asked to submit firm bonus memos or matches by texting 646-820-8477 or emailing with the subject line '[Firm Name] Bonus/Matches' and attaching the memo.
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