McDermott Matches Cravath’s $140,000 Associate Bonus Scale

Nov. 18, 2025, 11:32 PM UTC

McDermott Will & Schulte is one of the first Big Law firms to announce year-end bonuses for its junior lawyers.

The firm is doling out annual bonuses ranging from $20,000 to $115,000, according to a memo viewed by Bloomberg Law. It’s also issuing special bonuses that range up to $25,000.

The extra payments mirror those announced by Cravath Swaine & Moore on Tuesday.

Milbank LLP issued mid-year incentives for its junior lawyers in August, but the firm has yet to announce year-end bonuses.

The combined bonuses are at the same scale top firms used last year. The moves reflect a ...

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