Top 20 Biglaw Firm Announces Additional Special Bonuses for Some Associates
“Biglaw bonus season is nearly upon us, and the lateral market is hot, hot, hot. Associates are expecting bigger and better year-end bonuses than ever before, and they know if they don’t receive them, they’ll be happily welcomed at another firm that may be more willing to show them the money,” reports Staci Zaretsky in their Above The Law.
“As far as special bonuses are concerned, however, associates don’t think they’ll be seeing them again. We released the results of our annual bonus survey just yesterday, and a little more than 55% of respondents reported that they do not believe any additional special bonuses will be offered. One firm just decided to blow associates expectations.”