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There was a significant increase in the number of private equity investors during the 2017-18 period when 17 new firms entered the space. Note that one existing firm exited through a sale to a new entry in 2018. Four new firms entered in 2019. Number of PE Firms Investing in Ophthalmology. Each year the annual bonuses are typically announced in November or December. 2022: On 01/20, Milbank announced salary increases for associates. On 02/22, Davis Polk announced additional salary increases for mid-level and senior associates: 4th Year - $8,500; 5th Year - $10,000; 6th Year - $10,500; 7th Year - $11,000; 8th Year - $11,500.