#year-end-bonuses

#year-end-bonuses

Wall Street bonuses were expected to be big after a surge in activity last year - but how big? As the biggest banks have started to announce year-end bonuses, the requisite celebrations and grumblings are trickling out. Early investment banking compensation data from recruiting firm Prospect Rock Partners indicates that bonuses are up a modest 1 to 2% overall compared to last year, and that VPs may be emerging as the primary winners.

Simpson Thacher is about to give their employees a reason to be thankful. After grossing $2,896,282,000 in 2024, the Biglaw firm is doing the right thing and sharing some of the profits to reward associates for their hard work. Here's the scale: To everyone at Simpson Thacher, enjoy the money. With the extra cash, you could invest a little more into this year's Turkey day. According to our tipster's email, you should expect to see the money come your way by the end of December.