COMP NEWS – Prestige biglaw firm Wilmerhale is awarding its associates with both supersized salaries and bonuses after a successful year.

January is almost over and temperatures are cold, but Biglaw raises are still coming in hot.

We’ve now confirmed that WilmerHale — which reported $1,344,519,000 in gross revenue in 2022 according to the most recent Am Law 100 — has chosen to use the Cravath scale for its compensation increases, meaning these are the salaries associates at the firm will see, retroactive to January 1:

  • Class of 2023 – $225,000
  • Class of 2022 – $235,000
  • Class of 2021 – $260,000
  • Class of 2020 – $310,000
  • Class of 2019 – $365,000
  • Class of 2018 – $390,000
  • Class of 2017 – $420,000
  • Class of 2016+ – $435,000

In addition to the generous salary expectations, Wilmerhale’s bonuses will also be supersized this year, as shown below.

WilmerHale is also matching the Cravath bonus scale. The firm reports that 40% of eligible attorneys are receiving above-market compensation thanks to its performance-based merit bonus program. This is what year-end bonuses will look like at the firm, to be paid next month:

  • Class of 2023 – pro-rated
  • Class of 2022 – $20,000
  • Class of 2021 – $30,000
  • Class of 2020 – $57,500
  • Class of 2019 – $75,000
  • Class of 2018 – $90,000
  • Class of 2017 – $105,000
  • Class of 2016 – $115,000
  • Class of 2015+ – $125,000

To read more about Wilmerhale’s impressive compensation packages, click here.

For more Comp News, see our recent posts.

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