COMP NEWS – It’s that magical time of the year for law firms when the Christmas lights are up, the hours are billed and logged, and year-end bonuses come home to roost. Biglaw firm Katten Muchin Rosenman is offering an extremely generous bonus to its top performers – almost $172,500 for senior lawyers at the firm.
When you’ve had an especially tough year in Biglaw — billing hours like crazy — it’s nice when the firm rewards your efforts with a little something extra in your stocking at the end of the year. Or in the case of Katten Muchin Rosenman, a big something extra — provided you billed enough.
The firm, which took in $713,854,000 in gross revenue last year, making it 68th on the Am Law 100, announced their year-end bonuses today. At 2000 hours, associates will make the same as the prevailing market rate, and it goes up from there, depending on just how busy you’ve been.
In addition to these elevated bonuses for high billers, there are additional “superstar” bonuses at the firm for well, superstars. Bonuses will be paid on February 1st. You can read the full memo on the next page.
To read more about Katten Muchin Rosenman’s bonuses, click here.
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