Legal Law

Morgan Lewis introduces large special bonuses for employees

So many companies have announced Davis Polk bonus games that we call it: It may be spring, but it’s officially Biglaw Bonus Season.

The newest company to participate in the bonus fun is at the top of the Am Law rankings. It’s Morgan Lewis, an elite company that had gross sales of $ 2,265,000,000 in 2019. The company has apparently hit the incredibly generous Davis Polk scale. This is what the company’s special bonus scale looks like (see the full memo on the next page):

As mentioned above, the company’s bonuses are paid out in June and October. The good news doesn’t stop there: Morgan Lewis is committed to paying year-end bonuses that are “at or above the market”. Congratulations to everyone!

PS Where are you, Cravath? Come on now.

(Scroll to the next page to see Morgan Lewis’ full memo.)

Remember everyone, we need your tips to keep us updated on important bonus updates. If your company matches, please send us an SMS (646-820-8477) or send us an email (subject: “[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 do not wish to forward the original PDF or Word file.

If you’d like to sign up for ATL’s bonus notifications (this is the notification list we also use for salary announcements) please scroll down and enter your email address in the box below this post. If you have previously signed up for the bonus notifications, you do not need to do anything. You will receive an email notification within minutes of every bonus announcement we publish. Thank you for all of your help!

Staci Zaretsky is Senior Editor at Above the Law, where she has been working since 2011. She would love to hear from you. Please send her an email with tips, questions, comments or criticism. You can follow her on Twitter or connect with her on LinkedIn.

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