Between bonuses as high as $64,000 and substantial raises across all levels, not to mention potential five-figure signing bonuses, Big Law associates are making out this year—rightfully so, given their crucial role as profit centers helping firms address the rising tide of work this year.
But experts and observers say that amid the flurry of raises and bonuses, firms need to pay close attention to those in the middle of their hierarchies—nonequity partners and counsel—who risk being lost in the shuffle. It is very possible that the windfall coming to associates will result in some senior associates making even more than their more experienced counsel and nonequity partner colleagues.
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