Unlike base salary scales, Bay Street bonuses are rarely published. Firms usually tell associates in internal memos, and the figures reach the public through the press or through associates comparing notes. This page records each report as it appears and labels where it came from, so you can tell a firm announcement from a forum thread. For how bonuses are structured and paid, read our guide to Bay Street associate bonuses.
Summary
- Tracked firms with a 2026 report
- 0 of 16
- Tracked firms with a 2026 report
- Reports this season
- 0
- Reports this season
- Confirmed by a firm or the press
- 0
- Confirmed by a firm or the press
- Median bonus for 2017 calls, paid in 2024 (NALP)
- $30,000
- Median bonus for 2017 calls, paid in 2024 (NALP)
Who has announced, so far.
| Firm | 2026 bonus | Source | Reported |
|---|---|---|---|
| Aird & Berlis | No report yet | · | |
| Bennett Jones | No report yet | · | |
| Blake, Cassels & Graydon | No report yet | · | |
| Borden Ladner Gervais | No report yet | · | |
| Cassels | No report yet | · | |
| Davies Ward Phillips & Vineberg | No report yet | · | |
| Dentons Canada | No report yet | · | |
| Fasken | No report yet | · | |
| Goodmans | No report yet | · | |
| Gowling WLG | No report yet | · | |
| McCarthy Tétrault | No report yet | · | |
| McMillan | No report yet | · | |
| Norton Rose Fulbright Canada | No report yet | · | |
| Osler, Hoskin & Harcourt | No report yet | · | |
| Stikeman Elliott | No report yet | · | |
| Torys | No report yet | · |
What the data already shows.
| Measure | Figure | Source |
|---|---|---|
| Median performance bonus, 2024 calls, paid in 2024 | $7,925 | NALP |
| Median performance bonus, 2017 calls, paid in 2024 | $30,000 | NALP |
| Typical discretionary range at many large Toronto firms | About 10 to 30 percent of salary | Ultra Vires, 2023 |
NALP's medians cover all firms in its Canadian survey, not only Bay Street. For base pay by year of call, see the Bay Street salary scale.
Three kinds of report.
- Firm announcement
- The firm published or confirmed the figures. The strongest evidence, and the rarest.
- News report
- A named publication reported the figures, usually from a firm memo. Linked to the article.
- Associate reports
- Several associates posted matching figures. Useful, but unconfirmed, and labelled that way.
Heard about your firm's bonus?
If your firm has announced bonuses, email will@laterallawreport.com with the firm, the amounts by year of call, and anything that helps us confirm it, such as the memo with your name removed. We never publish who sent a report, and we do not post a figure until we can confirm it or match it with other reports.