Slowly (perhaps too slowly, for some associates) but surely, Biglaw firms across the Am Law 200 continue to match Milbank’s generous year-end and special bonus scales this holiday season. The latest firm to match the prevailing market rate isn’t going to let Christmas and Hanukkah fly away without a word about bonuses.
Bonuses are taking wing today at Alston & Bird, which brought in $1,150,108,000 gross revenue in 2023, putting it at No. 46 on the Am Law 100. Here’s what the bonus grid looks like at the firm:
We understand that the firm has a 2000-hour threshold for base bonuses, and as noted in the firm’s memo, the partnership has concluded that associates who qualify for a class year bonus will also be awarded a special bonus.
Congratulations to everyone at Alston & Bird!
(Flip to the next page to see the full memo.)
Remember everyone, we depend on your tips to stay on top of compensation updates, so when your firm announces or matches, please text us (646-820-8477) or email us (subject line: “[Firm Name] Bonus/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 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 Bluesky, X/Twitter, and Threads, or connect with her on LinkedIn.
