Wilkinson Stekloff, a prominent litigation boutique, has announced substantial year-end bonuses for its associates, setting a high standard in the Big Law sector. Associates at the firm will receive up to $197,500 each in bonuses, a figure that significantly surpasses many traditional large law firms. This move has been confirmed by an internal memo viewed by Bloomberg Law.
The firm’s bonus structure is divided into two components: a yearly bonus and a special bonus, both determined by seniority. The annual bonuses range from $22,500 to $172,500, while additional special bonuses are set between $6,000 and $25,000. This dual-bonus system reflects Wilkinson Stekloff’s commitment to rewarding the critical contributions of their legal team in landmark cases.
Wilkinson Stekloff has recently celebrated significant legal victories, including notable wins in major sports cases and is actively defending Visa in a Department of Justice antitrust lawsuit. Beth Wilkinson, one of the firm’s founding partners, expressed her gratitude and acknowledgment of the associates’ role in these successes in a statement.
This significant compensation scheme not only underscores the firm’s appreciation for its current team but also positions Wilkinson Stekloff as a competitive choice for talent in the legal industry.