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Selendy Gay, a New York-founded litigation boutique, has announced year-end bonuses for associates that notably exceed the established scale of Big Law firms. Associates at Selendy Gay are set to receive dual bonuses ranging from $23,250 to $157,250. This surpasses the bonus offerings of Milbank LLP, whose additional payments amount to a maximum of $140,000. Milbank’s bonus structure was previously matched by several larger firms. More details on Milbank’s bonus structure can be found here.
Leading litigation boutiques like Selendy Gay have overtaken their larger rivals in terms of bonus offerings in recent years. This trend highlights a strategic effort by smaller firms to attract and retain top legal talent, particularly in the competitive realm of litigation. Selendy Gay’s relatively smaller size, with approximately 45 associates, allows it the flexibility to offer more competitive compensation packages.
For further information, refer to the original article on Bloomberg Law.
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