When laypeople hear “OMM,” they probably think about Buddhist meditation and detachment. When we at Above the Law hear it, we think about money — and for good reason! O’Melveny & Myers, a top 100 law firm that took home $911,450,000 gross revenue in 2021, just dropped some great financial news on their employees.
Here’s the bonus breakdown:
- Class of 2021: $20,000
- Class of 2020: $30,000
- Class of 2019: $57,500
- Class of 2018: $75,000
- Class of 2017: $90,000
- Class of 2016: $105,000
- Class of 2015+: $115,000
Kudos to the associates! I’m sure spirits are high, as this update comes with the notice that bonuses will be paid out on Feb. 28th. In addition, it is nice to know that the associates should expect an update on the bonus process soon. Upward adjustments will be made to recognize high hours and business origination. Woop!
We like hearing about bonuses almost as much as you enjoy spending them. As soon as your firm’s memo comes out, please email it to us (subject line: “[Firm Name] Bonus”) or text us (646-820-8477). 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 Salary & Bonus Alerts, 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.
Chris Williams became a social media manager and assistant editor for Above the Law in June 2021. Prior to joining the staff, he moonlighted as a minor Memelord™ in the Facebook group Law School Memes for Edgy T14s. He endured Missouri long enough to graduate from Washington University in St. Louis School of Law. He is a former boatbuilder who cannot swim, a published author on critical race theory, philosophy, and humor, and has a love for cycling that occasionally annoys his peers. You can reach him by email at firstname.lastname@example.org and by tweet at @WritesForRent.