Law Practice
Nov. 2, 2009
Bonuses Survive As Lockstep Pay Loses Ground at Large Firms
Despite a bruising year of layoffs and pressure from clients, most firms will pay associates bonuses this year. But how those payments get made is changing drastically.
Daily Journal Staff Writer
Despite a bruising year of layoffs and increased pressure from clients, most big law firms will pay some sort of bonuses to associates this holiday season.
But how those payments will be made is changing drastically, and may surprise the associate ranks. Associate bonuses are undergoing a transformation, as more firms prepare to move toward merit-based bonuses rather than the equal ...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In