More Biglaw bonus news! The list of which firms are stepping up to pay associates the generous market bonuses — ~15 percent over last year’s annual bonuses plus special bonuses — is constantly growing, with yet another top firm ponying up money for its attorneys.
O’Melveny & Myers, which took in $835,097,000 in gross revenue in 2020, making it 54th on the Am Law 100, announced their bonuses today. As is their tradition, OMM announced bonuses via voicemail, so there’s no memo to share with everyone. But, we understand the firm is paying full market bonuses as well as special bonuses. Here are both of those bonus scales, in case you’ve somehow forgotten:
At OMM bonuses are paid in February, meaning folks will have to be a little patient to actually take home their bonus money.
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.
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Kathryn Rubino is a Senior Editor at Above the Law, host of The Jabot podcast, and co-host of Thinking Like A Lawyer. AtL tipsters are the best, so please connect with her. Feel free to email her with any tips, questions, or comments and follow her on Twitter (@Kathryn1).