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WHAT WE’RE WATCHING
BOUTIQUE BONUS ROUND - Now that Big Law’s biggest law firms have doled out special fall bonuses and year-end bonuses to their associates, its litigation boutiques’ move. And, as Brenda Sapino Jeffreys and Lizzy McLellan report, they don’t seem likely to sit this round out. In fact, one prominent boutique has already entered the game: Wilkinson Stekloff confirmed that it announced year-end bonuses Dec. 4 that beat the market-leading Am Law 100 firms. Meanwhile, other boutique leaders also said they’ve either already paid or intend to pay competitive associate bonuses. But not everyone is willing to publicly talk numbers. “There is a lot of pain and suffering out there. We aren’t interested in advertising our financial success at a time when so many people are suffering,” said William T. Reid IV, a founding partner of Austin-based trial firm Reed Collins & Tsai, which did pay out bonuses this year.
