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Associate Compensation Scorecard: Biglaw’s 2023 Cash Bash – Above the Law


Firm Salaries Bonuses Minimum Hours Bonus Payout Date Milbank
FIRST MOVER
November 7, 2023 Class of 2023: $225K
Class of 2016: $425K Class of 2023: $15K
Class of 2015: $115K None December 31, 2023 Wilkinson Stekloff
November 20, 2023 Undisclosed Class of 2023: $26.25K
Class of 2016+: $201.25K None December 15, 2023 Cravath
NEW MARKET LEADER
November 28, 2023 Class of 2023: $225K
Class of 2017: $420K Class of 2023: $15K
Class of 2017: $105K None December 15, 2023 McDermott
November 28, 2023 Class of 2023: $225K
Class of 2016+: $435K Class of 2023: $15K
Class of 2016+: $115K 2000 hours Undisclosed Paul Hastings
November 28, 2023 Class of 2023: $225K
Class of 2016+: $435K Class of 2023: $15K
Class of 2016+: $115K 2000 hours February 9, 2024 Paul, Weiss
November 29, 2023 Class of 2023: $225K
Class of 2016: $435K Class of 2023: $15K
Class of 2016: $115K
Addt’l discretionary bonuses in 2024 None Undisclosed Baker McKenzie
November 29, 2023 Class of 2024: $225K
Class of 2016+: $435K Class of 2022: $15K
Class of 2016+: $115K Undisclosed; Addt’l “premium” bonuses for those who “materially exceeded” billables February 9, 2024 Proskauer
November 29, 2023 Class of 2023: $225K
Class of 2015: $435K Class of 2023: $15K (pro-rated)
Class of 2015: $115K None December 22, 2023 Dechert
November 29, 2023 Class of 2023: $225K
Class of 2016+: $435K Class of 2022: $20K
Class of 2016+: $115K 1950 hours (client billable, pro bono, firm as client, maximum of 50 community hours); associates who exceeded hours expectations eligible to receive an “extraordinary” bonus (i.e., 2200 hours = addt’l 30%; 2400+ hours = addt’l 40%) Undisclosed Hogan Lovells
November 29, 2023 Class of 2023: $225K
Class of 2016+: $435K Class of 2022: $20K
Class of 2016+: $115K 2000 hours (including up to 150 pro bono hours until associates meet 1850 hours, then unlimited pro bono hours, and including up to 50 D&I hours, if they have billed at least 1800 hours; additional bonuses available for those who exceed hours minimums) Last pay period in 2023 Skadden
November 29, 2023 Class of 2023: $225K
Class of 2016+: $435K Class of 2023: $15K
Class of 2016+: $115K or $125K 1800 “productive hours” (including unlimited pro bono time and up to 150 hours of productive non-billable work) Undisclosed Cleary
November 29, 2023 Class of 2023: $225K
Class of 2016+: $435K Class of 2023: $15K (pro-rated)
Class of 2016+: $115K None December 22, 2023 Sidley
November 30, 2023 Class of 2023: $225K
Class of 2015: $445K Class of 2022: $20K
Class of 2015+: $115K 2000 hours required for base bonuses; associates with “higher productivity and/or exceptional performance” will receive additional bonuses Prior to December 31, 2023 Davis Polk
November 30, 2023 Class of 2023: $225K
Class of 2016+: $435K Class of 2023: $15K
Class of 2016+: $115K None Undisclosed Fried Frank
November 30, 2023 Class of 2023: $225K
Class of 2016+: $435K Class of 2023: $15K (pro-rated)
Class of 2016+: $115K 1850-1999 hours for up to 25% of full bonus; 2000-2199 hours for full bonus; 2200-2449 hours for full bonus plus 15% premium; 2450+ hours for full bonus plus 30% premium; premiums range from $3,000 to $34,500 On or before December 31, 2023 Norton Rose Fulbright
November 30, 2023 Class of 2023: $225K
Class of 2016: $435K TBA Undisclosed TBA Mayer Brown
November 30, 2023 Class of 2023: $225K
Class of 2016: $435K Class of 2023: $15K (pro-rated)
Class of 2016+: $115K NY: 1900 client equivalent hours; Outside NY: 2000 hours for base bonus, stub years not included (1900 CE hours required); 2100 hours for $23K-$132.25K, 2200 hours for $24K-$138K, 2300 hours for $26K-$149.5K February 16, 2024 Kirkland
November 30, 2023 Class of 2023: $225K
Class of 2018: $390K TBA None TBA Willkie
November 30, 2023 Class of 2023: $225K
Class of 2016: $435K Class of 2023: $15K (pro-rated)
Class of 2016: $115K None December 29, 2023 Holwell Shuster
November 30, 2023 Class of 2023: $225K
Class of 2017: $420K Class of 2023: $15K (pro-rated)
Class of 2017: $105K None On or before December 31, 2023 Akin Gump
November 30, 2023 Class of 2023: $225K
Class of 2016+: $435K Class of 2023: $15K (pro-rated)
Class of 2016+: $115K 1950 hours (including pro bono hours, general counsel hours, business development hours, and up to 100 hours of time spent on recruiting, diversity & inclusion, and/or innovation activities); associates with “exceptional” performance will receive larger bonuses February 2024 O’Melveny
November 30, 2023 1st Year Assocs: $225K
3rd Year Counsel: $435K Class of 2022: $20K
Class of 2016+: $115K None Undisclosed Debevoise
November 30, 2023 Class of 2023: $225K
Class of 2016+: $435K Class of 2023: $15K (pro-rated)
Class of 2016+: $115K None Undisclosed Debevoise
November 30, 2023 Class of 2023: $225K
Class of 2016+: $435K Class of 2023: $15K (pro-rated)
Class of 2016+: $115K None Undisclosed Covington
December 1, 2023 Class of 2023: $225K
Class of 2016+: $435K Class of 2023: $15K (pro-rated)
Class of 2016+: $115K Undisclosed Undisclosed Baker Botts
December 1, 2023 Class of 2023: $225K
Class of 2016+: $435K Class of 2022: $20K
Class of 2016+: $115K Based on hours (“enhanced” bonuses available for “exceptional” performance) Undisclosed Yetter Coleman
December 1, 2023 Class of 2023: $225K
Class of 2017+: $420K Class of 2023: $15K (pro-rated)
Class of 2017+: $105K 1850 hours for partial bonus (including up to 100 pro bono hours); 2050 hours for full bonus (including up to 120 pro bono hours, up to 10 diversity & inclusion hours, and up to 10 professional development hours) December 18, 2023
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MYSELF AMIT GOSH. I AM A PROFESSIONAL BLOGGER AND RESEARCHER.
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