While Skadden became the latest firm whose year-end bonuses were confirmed, few other firms have announced associate bonuses. "They are scared shitless," said one Am Law 25 firm leader about peers.
December 01, 2022 at 04:09 PM
4 minute read
So far, few law firms have matched the Big Law year-end bonus scale for associates, even after Cravath, Swaine & Moore announced its own bonus structure.
According to law firm leaders and industry observers, few want to get out ahead in proclaiming they are matching an expensive bonus scale, since demand and profitability are sharply down, associate layoff news is circulating, and 2023 is full of uncertainty.
Presented by BigVoodoo
Join General Counsel and Senior Legal Leaders at the Premier Forum Designed For and by General Counsel from Fortune 1000 Companies
Join General Counsel and Senior Legal Leaders at the Premier Forum Designed For and by General Counsel from Fortune 1000 Companies
Honoring outstanding legal achievements focused at the national level, largely around Big Law and in-house departments.
A large and well-established Tampa company is seeking a contracts administrator to support the company's in-house attorney and manage a wide...
We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. Candidates should ...
We are seeking an attorney to join our corporate and transactional practice. Candidates should have a minimum of 8 years of general corporat...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
The American Lawyer provides the most informed and trusted source of news, data, analysis and forecasting on the global business of law.
Credit: PaulPaladin/Adobe Stock
