The esteemed law firm, WilmerHale, has announced a series of generous raises and bonuses for its associates, according to a report from Above the Law. Operating on the Cravath scale for its compensation increases, the firm’s attorneys will enjoy the following increased salaries, backdated to the start of this year:
- 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
Bonuses within the firm are also set to match the Cravath scale with around 40% of eligible attorneys bringing home a surplus on account of WilmerHale’s performance-based merit bonus program. Year-end bonuses will follow this structure:
- 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
In a competitive landscape, WilmerHale has become the second firm to offer a higher bonus payout to its senior-most attorneys, marginally falling short of the $130K bonus that Ropes & Gray provided to its super seniors.
A collective congratulations to the team at WilmerHale.