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Law Firm Bonuses Flat in '06

The National Law Journal

January 26, 2007

Law firm associate bonuses were flat in 2006 compared with the year before, but with business brisk and law firms scrambling to attract and keep good associate help, the question is: "Why?" The decision to stay the course was due in part to a raise in associate pay in late 2005. But other factors may have contributed to static bonus amounts, including a decision to keep profits in partners' pockets and an attempt to offset client perceptions that firms are operating with an excess of riches.

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