When laypeople hear “OMM,” they probably think about Buddhist meditation and detachment. When we at Above the Law hear it, we think about money — and for good reason! O’Melveny & Myers, a top 100 law firm that took home $911,450,000 gross revenue in 2021, just dropped some great financial news on their employees.
Here’s the bonus breakdown:
- Class of 2021: $20,000
- Class of 2020: $30,000
- Class of 2019: $57,500
- Class of 2018: $75,000
- Class of 2017: $90,000
- Class of 2016: $105,000
- Class of 2015+: $115,000
Kudos to the associates! I’m sure spirits are high, as this update comes with the notice that bonuses will be paid out on Feb. 28th. In addition, it is nice to know that the associates should expect an update on the bonus process soon. Upward adjustments will be made to recognize high hours and business origination. Woop!
We like hearing about bonuses almost as