Businesswoman dragging a giant money sackThursday night is ending with a bang as more firms announce holiday bonuses and solidify the market standard.

This time it’s my old firm, Cleary Gottlieb, informing all associates in good standing on its U.S. pay scale that they will be getting a little extra in their December 23, 2022 paychecks.

In accordance with our usual practice, let’s point out that Cleary brought in $1,418,818,000 for 2021, placing 29th on the Am Law 100.

Without further ado, lets show those numbers!

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Full memo on the next page.

Remember everyone, we depend on your tips to stay on top of this stuff. 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

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US-News-Rankings-Logo-no-yearApplicants are obsessed with rankings, which makes it hard for law schools not to respond to that.

— Admissions consultant Anna Ivey, a former admissions dean at the University of Chicago Law School, in comments given to Reuters on why prospective and current law students may to continue to rely on the U.S. News law school rankings, despite the fact that many elite law schools have decided to opt out of participating, in a move led by Yale Law School. This is unlikely to sway pre-law students, however, because as Ivey noted, “[a]pplicants don’t look into how the sausage gets made.”

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.

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