Legal Law

MoFo Enters The Particular Bonus Melee

It’s Friday, so despite our pleas, we fully expect Biglaw firms to go around announcing special bonuses.

Consistent with this trend, Morrison & Foerster has announced their own special bonuses for hardworking associates. As you’d expect from a firm ranked 32nd in the Am Law 100 ranking with $1,147,200,000 in 2019 gross revenue, they’re matching the prevailing market rate set by Davis Polk.

The firm’s bonus payment schedule is as follows:

As you can see, the firm is going with June and December payments that are backloaded. Associates will have to meet the firm’s standard billable hours requirement on an annualized basis to qualify, but if they miss the hours for the June payment they can make it up for the second payment. And, as you’d expect, the firm confirmed these special bonuses are in addition to the typical year-end bonus pool.

You can read the firm’s full memo on the next page.

Please help us help you when it comes to bonus news at other firms. As soon as your firm’s bonus memo comes out, please email it to us (subject line: “[Firm Name] Bonus”) or text us (646-820-8477). 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.

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headshotKathryn Rubino is a Senior Editor at Above the Law, and host of The Jabot podcast. AtL tipsters are the best, so please connect with her. Feel free to email her with any tips, questions, or comments and follow her on Twitter (@Kathryn1).

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