Billion-Dollar Biglaw Firm Announces Raises

// The raises just keep on coming! The Biglaw compensation game is largely one of follow the leader, and now that Cravath has come out with their new scale for associate salaries, all the big firms want in.

The latest firm to announce raises for their hardworking associates is Winston & Strawn. The firm made  $1,146,377,000 in gross revenue last year, making it 44th on the Am Law 100, and now they’re looking to share that wealth.

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Effective February 1, a month later than most of Winston’s peer firms, the following will be the salary scale at the firm:

They’ve also announced bonuses, on the following scale:
Plus, super high billers will be eligible for additional bonuses.

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You can read the full memo on the next page.

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!

Kathryn Rubino is a Senior Editor at Above the Law, host of The Jabot podcast, and co-host of Thinking Like A Lawyer. AtL tipsters are the best, so please connect with her. Feel free to email her with any tips, questions, or comments and follow her on Twitter @Kathryn1 or Mastodon @[email protected].

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2023 Associate Salary Increase, Associate Bonus Watch 2023, Biglaw, Bonus News Alerts, Bonuses, Money, Winston & Strawn