| Academy Award Nominations and Winners: |
| Best Picture |
| Best Director: Clint Eastwood |
| ★ | Best Actor: Sean Penn |
| Best Supporting Actress: Marcia Gay Harden |
| ★ | Best Supporting Actor: Tim Robbins |
| Best Adapted Screenplay: Brian Helgeland |
|
| Golden Globe Nominations and Winners: |
| Best Picture (Drama) |
| Best Director: Clint Eastwood |
| ★ | Best Actor (Drama): Sean Penn |
| ★ | Best Supporting Actor: Tim Robbins |
| Best Screenplay: Brian Helgeland |
|
| Other Awards: |
| Screen Actors Guild Awards: Best Supporting Actor (Robbins) |
| National Society of Film Critics: Best Director |
| National Board of Review: Best Picture; Best Actor (Penn; also cited for 21 Grams) |
| Boston Society of Film Critics: Best Picture; Best Ensemble Cast |
| César Awards (French Oscars): Best Foreign-Language Film |
| Satellite Awards: Best Actor, Drama (Penn; also cited for 21 Grams); Best Adapted Screenplay |