In the early days of this year’s bonus season, way back in November, one firm matched the Cravath scale straight out of the gate, prompting a few other firms to follow in its footsteps. That firm was Cleary Gottlieb, one of the usual suspects for an early match each bonus season.
If you thought that the firm would leave its associates high and dry when it came to matching Davis Polk’s special bonuses, you’d be wrong. Earlier this week, on December 7, the firm came through for associates with extra bonus cash, and we hear they were quite excited.
Here’s the special bonus scale, in case you’ve forgotten what it looks like:
As with their year-end bonuses, these special bonuses will also hit paychecks on December 22. Congratulations to all Cleary associates!
Remember everyone, we depend on your tips to stay on top of important bonus updates, so when your firm matches, please text us (646-820-8477) or email us (subject line: “[Firm Name] 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.
And if you’d like to sign up for ATL’s Bonus Alerts (which is the alert list we also use for salary announcements), please scroll down and enter your email address in the box below this post. If you previously signed up for the bonus alerts, you don’t need to do anything. You’ll receive an email notification within minutes of each bonus announcement that we publish. Thanks for all of your help!
Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.