Career guide

Lateral Moves and Pay: Class-Year Credit, Signing Bonuses and Bonus Timing

Founder, LawFirmHires
October 2026 6 min read

At a glance

Milbank scale, effective July 1, 2026 — as reported

Market base by class year

$235,000–$455,000

Cravath memo, November 2025 — as reported

2025 year-end bonus scale

$15,000–$115,000

Announced July 27, 2026 — as reported

2026 special (summer) bonuses

$6,000–$25,000

NALP 2025 survey — lateral eligibility not reported

Judicial clerkship bonuses

73% of law offices

Lateral attorney salary negotiation starts with knowing which pieces of your pay move with you and which reset.

Base salary is set by the hiring firm's class-year scale — the market schedule legal press reported effective July 1, 2026 runs from $235,000 at the first rung to $455,000 at the top, though not every market-paying firm matched it on the same terms — while the bonus terms, from a signing bonus to the year-end bonus you leave behind, are set firm by firm.

A lateral who brings clients adds origination credit to the table.

Here is how each piece works.

Class-year credit: how the hiring firm sets your base

A firm that pays the market scale sets base salary by law school class year, so your first question as a lateral is where you land on the ladder.

The current schedule — announced by Milbank on June 2, 2026 and effective July 1, 2026 — runs from $235,000 for the Class of 2026 and 2025 up to $455,000 for the Class of 2018, as Above the Law reported the memo.

The raise added $10,000 for the first four class years and $20,000 for fifth- through eighth-years.

The full class-year schedule, and which firms matched it, are tracked on our salary scale page.

The scale is a benchmark, not a uniform.

On the same legal-press scorecard, Katten's 2026 schedule topped out at $440,000 for the Class of 2019 and above, and Susman Godfrey set $240,000 for first-years — not every market-paying firm matched on the same terms.

What the published record does not settle is slotting: how a hiring firm counts a clerkship year, government practice or time at a smaller firm when it picks your class.

Our research found no published slotting rule, so the placement worth negotiating is the one written into the offer letter — each rung on the ladder is your base salary for a full year.

Market scale as reported — not a rule

The schedule here is the one legal press reported in mid-2026. Each firm sets its own scale, and firms that matched did not all match on the same terms. Confirm your class-year placement and the scale that applies with the hiring firm's offer letter.
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Signing bonuses: what is documented and what is firm by firm

The signing bonus is the part of a lateral offer with the thinnest sourced record.

The market amounts legal press documents are year-end and special bonuses paid to current associates — our research found no quotable signing-bonus figure for incoming laterals, so any number is firm-specific and belongs in your offer letter.

What is documented is mid-year money for associates already on board: Milbank announced 2026 special (summer) bonuses on July 27, 2026, ranging from $6,000 for the Class of 2026 to $25,000 for the Class of 2018 and above and special counsel, with no minimum-hours condition, payable August 31, 2026 — and Cahill matched on September 24, 2026, as Above the Law's scorecard recorded.

An incoming lateral's equivalent is pure negotiation: whether the new firm pays a signing bonus that offsets the year-end bonus you leave behind, and how a partial year gets covered, are terms our sources show no published convention for.

Treat any figure as the opening of that conversation, not a market number.

Timing around year-end bonuses

The year-end bonus is where a move's timing costs or saves real money.

In the last completed season, Cravath's November 2025 memo set year-end bonuses of $15,000 for the entering class, prorated, up to $115,000 for the Class of 2018, plus special bonuses of $6,000 to $25,000 — combined totals of $21,000 to $140,000 — as the ABA Journal reported it.

Law360, as that report relayed, described the $15,000-to-$115,000 year-end scale as unchanged since 2021.

Conditions can attach, too: as the same ABA Journal report recorded, Cadwalader paid 120% of the year-end bonus to associates with at least 2,200 billable hours in 2025, so the amount a mid-year move walks away from depends on your own hours and class year.

The calendar is the reason to plan the date carefully: the last year-end season opened in November 2025, and the sources our research read as of October 2, 2026 showed no 2026 year-end announcement yet.

Whether a departing associate collects any part of the year-end bonus, and whether the new firm pays a stub bonus to bridge the gap, are not settled by any published convention our research could source — both are negotiation items.

The announcement dates, payment dates and per-class amounts are laid out in our bonus timing guide, and the process around the move itself — notice, firms' checks, resignation etiquette — is covered in our lateral move guide.

Moving with a book of business

A lateral who brings clients changes the subject from salary to origination credit — which clients are credited to you and how the firm pays on that credit.

Origination credit is firm-specific — our research found no standard formula for how it is calculated — and the portable origination mechanics are their own topic; what belongs on your side of the table is the expectation that credit terms land in the written offer, not a hallway promise.

The one standardized artifact our research found for moving a book is a partner-level one: NALSC publishes the U-LPQ, an open-source Uniform Lateral Partner Questionnaire that any search firm or law firm may use without obligation — NALSC estimates it covers about 80% of the data a firm needs from a lateral partner.

A form like that is a measure of how much documentation a book-of-business move carries, whatever your class year.

Negotiating as a lateral

At a firm that pays the scale, base is the scale — what you actually negotiate is placement and the pieces around it.

Away from the scale, the benchmarks thin out: NALP's 2025 Associate Salary Survey, as of January 1, 2025, put the median first-year associate base at $200,000 overall and $215,000 at firms of more than 700 lawyers, with $225,000 the most common first-year salary, reported by 32% of offices overall and 45% in firms of 701+ lawyers.

Both figures predate the July 1, 2026 raise that, as legal press reported it, moved the scale's first rung from $225,000 to $235,000 — and both are first-year numbers, so read them as the market's structure, not a lateral's expected package.

The smaller-firm end is documented too: in NALP's 2025 survey, among firms of 250 or fewer lawyers, a first-year salary of $150,000 or less was the most common, reported by 44% of offices.

A lateral moving to a smaller firm should treat the class-year ladder as something to confirm, not a given.

  • Class-year placement — ask how the firm counts each year of practice, including clerkships and government work
  • A signing bonus sized against the year-end bonus you leave behind
  • A stub bonus if you land mid-year, with the proration written into the offer
  • Whether a judicial clerkship bonus applies if you have clerked — 73% of law offices in NALP's 2025 survey offered clerkship bonuses, but the survey does not say whether firms extend them to laterals
  • Origination credit terms for any client relationships you bring

Close the loop on paper: every term you negotiate — class-year placement, signing bonus, stub bonus, origination credit — exists only once it is in the offer letter.

Career information, not legal advice. Every figure on this page is a market snapshot with its date, and compensation is set firm by firm — confirm the terms in your offer letter, and have employment counsel review it before you sign.

What Associate Attorney Job Listings Show Right Now

From the 448 active associate attorney listings on LawFirmHires as of October 7, 2026.

Open listings
448
associate attorney jobs
Employers hiring
175
firms and other employers
Posted in last 14 days
253
new listings
Median posted pay
$117,500
from 185 listings with pay

Where the openings are

Pay employers post

  • Median $117,500 a year; the middle half of posted pay runs $90,000–$157,500 (185 listings that state a salary)
  • 42% of associate attorney listings state any pay at all.

Benefits and work arrangement

  • 3% remote and 4% hybrid; the rest are on-site
  • Dental & Visionnamed in 41%
  • Health Insurancenamed in 38%
  • PTO / Paid Time Offnamed in 35%
  • 401k Matchnamed in 34%
  • CLE Reimbursementnamed in 9%

Source: active associate attorney listings on LawFirmHires, updated daily. Pay figures use only listings that state pay (midpoint of each posted range). Benefits count listings that name the benefit; a listing that doesn’t mention one may still offer it.

Browse 448 jobs →

Frequently Asked Questions

Do you lose your year-end bonus if you move firms as a lateral?

The sourced anchor for the last completed season is the Cravath memo of November 2025: year-end bonuses of $15,000 to $115,000 by class year, plus $6,000 to $25,000 special bonuses, as the ABA Journal reported it.

Our research found no published convention for whether a departing associate collects any of it, or how it would be prorated.

Whether the hiring firm pays a stub bonus to cover the gap is a separate term, and a sensible ask is the class-year amount you would have received.

What signing bonus do law firms pay lateral associates?

No sourced market figure for lateral signing bonuses exists in the research this page draws on; the documented amounts are year-end and special bonuses for current associates, such as the $6,000 to $25,000 special bonuses Milbank announced on July 27, 2026, as reported.

Signing amounts are set firm by firm, so treat any number as an opening position — and get the amount, its conditions and its payment date in the offer letter.

Does a judicial clerkship help your pay as a lateral associate?

Our sources do not settle it for laterals.

NALP's 2025 survey found that 73% of law offices offered judicial clerkship bonuses, with amounts varying by clerkship type, but it does not say whether firms extend them to lateral hires.

Nor does any published slotting rule in our sources say how a firm counts the clerkship year when it sets a lateral's class year — so ask the hiring firm directly how the year will be credited and whether any clerkship bonus applies.

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