April 26, 2021 at 12:47 PM
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In case you’ve been too busy billing to realize, Thompson & Knight has been in the news recently. The firm is reportedly considering a merger with Holland & Knight. The combined firm would have nearly 1,600 lawyers across 30 offices, making it one of the largest law firms in the country. The potential merger is one of the largest announced in 2021 yet.
Holland & Knight, the firm’s prospective merger partner, announced special bonuses last week, and so did Thompson & Knight, which ranked 141st on the Am Law 200 with $217,856,000 gross revenue in 2019.
The firm, which “has always punched above its weight in quality and still does,” matched the bonus scale set by Davis Polk in March. Special bonuses will be available for eligible U.S. associates, and will be in addition to the firm’s annual bonuses that will be paid in March 2022. Here’s what the bonus scale looks like: