"Sources tell us that on November 24, Morgan Lewis - a firm that brought in $3,098,511,000 gross revenue in 2024, putting it at No. 10 on the Am Law 100 - announced that it would be offering the prevailing market rate for both year-end and special bonuses. On top of all of that cash, we've been told that associates with outstanding performance are eligible for additional "extraordinary" above-market bonuses."
"Here's what the year-end and special bonuses look like at the firm: Class of 2024 - $20,000 / $6,000 Class of 2023 - $30,000 / $10,000 Class of 2022 - $57,500 / $15,000 Class of 2021 - $75,000 / $20,000 Class of 2020 - $90,000 / $25,000 Class of 2019 - $105,000 / $25,000 Class of 2018+ - $115,000 / $25,000"
"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."
On November 24 Morgan Lewis announced it would offer the prevailing market rate for year-end and special bonuses and provide additional "extraordinary" above-market awards for outstanding associates. The firm recorded $3,098,511,000 in gross revenue for 2024 and ranked No. 10 on the Am Law 100. The year-end and special bonus scale ranges from $20,000/$6,000 for the class of 2024 up to $115,000/$25,000 for 2018+ associates. Bonus payments are scheduled for January 2026. The firm encouraged submission of memos and tips via text or email and provided contact details and instructions for Bonus Alert sign-up.
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