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WHAT WE’RE WATCHING
BONUS BACKLASH – Bonuses! Awesome, right? I mean, what’s not to like? Well… As Big Law continues to do battle by rolling out special fall associate bonuses in hopes of retaining top-performing young attorneys after a trying six months, questions are arising about whether firms may be exacerbating the problems they’re trying to solve by attempting to throw money at them. In this week’s Trendspotter column, we look at how trying to keep up with the Joneses during a global pandemic could potentially go wrong, from overlooking associates’ anxieties (or making them worse) to overextending firms’ finances.
