While associates at big law firms might be riding high on their recent salary increases, a new report finds that their prospects for signing bonuses might be a little bleaker.
The report by legal support services provider Special Counsel found that signing bonuses for its law firm associate clients have declined since 2017. The data collected comes from 84 of the 617 placements made by Special Counsel who reported receiving a signing bonus through October of this year. Of those 84 placements, 37 associates were placed within Am Law 200 firms and 32 attorneys were placed within non-Am Law firms.
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