Thank you for sharing!

Your article was successfully shared with the contacts you provided.
The Menlo Park, Calif. office of New York’s Weil, Gotshal & Manges said that its 31 associates will ring in the millennium with special bonuses of up to $15,000. “The firm is having another record year,” said managing partner Matthew Powers. “This is to thank the associates for their contribution to that achievement.” The firm also named 17 new partners, including four in the Silicon Valley office. The top two tiers of associates will receive $15,000, while the rest, with the exception of first-years, will pad their pockets with an extra $12,000. First-years will receive $2,500. The special bonuses come on top of regular performance bonuses. Last month, the firm said it would also give associates who’ve been with the firm for three or more years a bonus amounting to 10 percent of their annual salary. The firm’s base salary for its associates is $105,000 for first-years, $140,000 for fourth-years, and $170,000 for sixth-years, according to Powers.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.