Top 50 Biglaw Firm Hands Out Associate Bonuses, Adds Even More Cash On Top For High Billers

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Day by day and one by one, Biglaw firm after Biglaw firm has been matching the prevailing market standard for year-end and special bonuses, and in some cases, adding supplemental bonuses on top for associates who have been very busy with their billing. Winston & Strawn — a firm that brought in $981,223,000 gross revenue in 2020, putting it at No. 45 in the most recent Am Law 100 ranking — is one of the firms that’s rewarding its highest billers with extra cash.

Here are the year-end and special bonus scales that associates are quite familiar with by now. At Winston & Strawn, associates must be in good standing and meet their minimum hours requirements to be eligible for year-end bonuses, while special bonuses will be given to all associates in good standing, regardless of their hours.

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Winston Strawn 2021 YE Bonus Scale

Winston Strawn 2021 Special Bonus Scale

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For those associates who have “substantially exceed[ed]” the firm’s productivity goals, there are handsome rewards. Here’s what the supplemental bonus scale looks like for the firm’s high billers:

Winston Strawn High Biller Scale 2021

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Congrats to everyone at Winston & Strawn for all of their hard work this year!

(Flip to the next page to read the full memo from Winston & Strawn.)

*** 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.

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 your help!

Staci ZaretskyStaci 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, Biglaw, Bonuses, Money, Winston & Strawn


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Originally posted on: https://abovethelaw.com/2021/12/winston-strawn-bonus-2021/