Special Bonuses? No Problem! This Firm Can Handle Market Comp With Ease

Time and time again, boutique firms are coming out on top when it comes to the Biglaw bonus market. Glenn Agre Bergman & Fuentes, a firm started by a group of former Kasowitz Benson attorneys and focused on bankruptcy and restructuring, white-collar litigation and investigations, and general commercial litigation, is less than one year old, and its already paying associates on the $205K compensation scale, and now it’s completely matching its Cravath year-end bonuses with Davis Polk special bonuses.

The firm paid out its bonuses this past Friday, and associates were quite pleased to see some extra cash added on top. Andrew Glenn sent out a memo earlier today as a little reminder that no, associates weren’t imagining things when they saw more bonus bucks in their paychecks. Here’s the scale:

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Congratulations to Glenn Agre and its associates on a wonderful first year!

(Flip to the next page to read Glenn Agre’s memo in full.)

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*** Wondering if the grass is greener on the in-house side? Click here for a look inside the black box of corporate counsel pay in our 2021 In-House Compensation Report. ***

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.

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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.

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Associate Bonus Watch 2021, Bonuses, Boutique Law Firms, Glenn Agre, Money, Special Bonuses