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Grading All The Davis Polk Gift Bonuses


March 12, 2021 at 2:54 PM
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If you listen to the Thinking Like A Lawyer podcast every week (and why wouldn’t you?), you heard our recent discussion of Davis Polk’s “gift bonuses.” Instead of resting on their laurels as the Biglaw firm bonus champion of 2020, DPW went the extra mile and offered associates a selection of gifts or experiences of roughly $1,500 each.
It’s a great idea! Cash might always reign supreme, but big bonuses often disappear directly into student loan payments and can leave lawyers feeling a little empty. With gift packages that most importantly do not trade off with the normal bonus attorneys are forced to do a little something for themselves and that’s a big deal after a year that stretched employee wellness to the breaking point. ....

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