All That Biglaw Bonus Money With Nowhere To Spend It – Above the Law

Associates affiliate time of 12 months with two issues: getting paid some huge cash and eventually having the time to see your loved ones. And for the associates at Cleary Gottlieb, they gained’t have to fret about getting their cash! The agency boasted a powerful $1,700,000,000 gross income in 2024 in response to Am Legislation 100 and has no downside with sharing the wealth by way of bonuses and particular bonuses. Right here’s the dimensions:

Bonuses will likely be paid on the nineteenth of December! Yay cash!

Now that that’s out of the way in which, let’s loop again to the seeing your loved ones little bit of the vacations. In line with Above the Legislation tipsters, Cleary advised associates to cancel any vacation plans that they had — these hours aren’t going to invoice themselves in spite of everything. The silver lining behind the golden handcuffs is that the agency additionally supplied to reimburse the journey prices misplaced by the final minute cancellation. Associates with out trip plans have been invited to guarantee that that they had a correct trip scheduled for 2026. Exhausting solution to discover out that you simply’ll need to push off seeing your family members till Christmas, however at the very least Cleary put within the effort to melt the blow. If the sort phrases aren’t sufficient, at the very least you’ll have a pleasant set of $100s to dry these tears with.

We like listening to about bonuses nearly as a lot as you get pleasure from spending them. As quickly as your agency’s memo comes out, please electronic mail it to us (topic line: “[Firm Name] Bonus”) or textual content us (646-820-8477). Please embrace the memo if obtainable. You may take a photograph of the memo and ship it by way of textual content or electronic mail if you happen to don’t need to ahead the unique PDF or Phrase file.

Chris Williams turned a social media supervisor and assistant editor for Above the Legislation in June 2021. Previous to becoming a member of the workers, he moonlighted as a minor Memelord™ within the Fb group Legislation College Memes for Edgy T14s .  He endured Missouri lengthy sufficient to graduate from Washington College in St. Louis College of Legislation. He’s a former boatbuilder who’s studying to swim, is concerned about crucial race concept, philosophy, and humor, and has a love for biking that often annoys his friends. You may attain him by electronic mail at [email protected] and by tweet at @WritesForRent.