"That firm is Sullivan & Cromwell. After bringing home $2,050,719,000 gross revenue in 2024, the firm came in at No. 25 in the most recent Am Law 100 ranking. S&C doesn't publish memos related to compensation, but instead sends out individualized links to its attorneys. According to our sources, the firm is following the market and matching the prevailing market rate on bonuses."
"Here's what the bonus scale looks like at SullCrom: Class of 2025 - $15,000 (prorated) / $6,000 (prorated) 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"
Sullivan & Cromwell generated $2,050,719,000 in gross revenue in 2024 and ranked No. 25 on the Am Law 100. The firm will match prevailing market year-end bonus scales and communicate compensation information via individualized links rather than firm-wide memos. A tiered bonus schedule applies to associate classes from 2018 through 2025, with amounts ranging from $6,000 (prorated) for some 2025 associates to $115,000 for the Class of 2018. Bonuses will be paid just before Christmas. The announcement requests tips on other firms' bonus or match notices and provides contact details and an opt-in for Bonus Alerts.
Read at Above the Law
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