Another Biglaw Firm Rolls Out Special Bonuses
“Fried Frank, a firm that place 56th on the Am Law 200 thanks to $776,000,000 in gross revenue in 2019, announced its own special bonuses. As expected for such an elite firm, they’re matching the standard set by Davis Polk,” reports Kathryn Rubino in Above the Law’s Biglaw.
“At Fried Frank, the two special bonus payments are split equally, which is a nice touch. The billable-hour threshold for the bonuses is 1850, annualized, and associates who miss out on the first payment have an opportunity to catch up if they bill the requisite hours in the back half of the year.”