Legal Law

This Firm Continues To Beat The Market Rate On Bonuses! – Above the Law

money happy young woman exults pumping fists ecstatic celebrates success under a money rain falling down dollar bills banknotesSome boutique firms have a habit of beating the market on bonuses, and Selendy & Gay is one of them. You may recall that back in June, the firm told associates that it intended to come over the top when year-end bonuses came around. The firm stayed true to its word, and this is a good reminder that elite boutiques are routinely killing it.

Today, Selendy & Gay announced their base bonuses for associates, and for the fourth year in a row, the firm is exceeding the prevailing market scale for Biglaw bonuses. Check out Selendy’s bonus scale (and note that some midlevel and senior associates received even more bonus money than what’s listed below, “based on a holistic assessment of performance”): 

Selendy Bonus 2021

Jennifer Selendy, the firm’s managing partner, had this to say about the firm’s decision to share the wealth with their associates:

“We had a great year representing clients in new and complex commercial cases and weighty, public interest matters. We know that all these successes would not be possible without the excellent work of our associates, and our well-deserved bonuses recognize their outstanding contributions.”

Congratulations to everyone at Selendy & Gay on closing out a fantastic year!

*** Wondering if the grass is greener on the in-house side? Click here for a look inside the black box of corporate counsel pay in our 2021 In-House Compensation Report. ***

Remember everyone, we depend on your tips to stay on top of important bonus updates, so when your firm matches, please text us (646-820-8477) or email us (subject line: “[Firm Name] Matches”). 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.

And if you’d like to sign up for ATL’s Bonus Alerts (which is the alert list we also use for salary announcements), please scroll down and enter your email address in the box below this post. If you previously signed up for the bonus alerts, you don’t need to do anything. You’ll receive an email notification within minutes of each bonus announcement that we publish. Thanks for all of your help!

Staci ZaretskyStaci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.

Enter your email address to sign up for ATL’s Bonus & Salary Increase Alerts.

Related Articles