Law \ Legal

Davis Polk Is Here To Announce Its 2022 Bonus Scale

hundreds money bonusesBiglaw bonus season sure is off to a slow start, but things finally seem to be picking up a little bit of speed. Associates had been waiting, hope against hope, to see if any firm would be willing to top what Baker McKenzie and Cravath had offered up.

Davis Polk & Wardwell — the firm that’s become known as Biglaw’s bringer of special bonuses — has now made its year-end bonus announcement. Are there any special treats for associates this time around?

Alas, no. Sorry to dash your dreams of additional bonus bucks, associates. Despite the firm bringing home $1,970,000,000 gross revenue in 2021, it’s merely a match. Here’s the firm’s bonus scale:

  • Class of 2022: $15,000 (pro-rated)
  • 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

Associates “in good standing” at the firm will receive their bonuses on December 30, which should make for a very happy new year indeed. Congratulations on your generous bonuses, DPW associates!

Remember everyone, we depend on your tips to stay on top of important bonus updates, so when your firm announces or 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.

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 ZaretskyStaci 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 Twitter or connect with her on LinkedIn.

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