Cleary Gottlieb, ranked 36th on the Am Law 100 with $1,491,568,000 in gross revenue in 2023, has confirmed they will be paying associates the top of the market compensation. This new bonus scale matches the Milbank scale and reflects both traditional annual bonuses and special bonuses given earlier this year. The firm is committed to ensuring that their compensation remains competitive in the industry, signaling their value for associates’ contributions.
The bonuses from Cleary Gottlieb are set to be paid out on December 20th, aligning with the industry's common schedule for year-end compensation distributions. This timing is crucial for associates who are awaiting important financial incentives that these bonuses represent, indicating the firm's dedication to supporting their employees during the holiday season and maximizing morale and retention.
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