U.K.-based CMS Cameron McKenna will not pay out its firmwide bonus this year after the firm failed to reach its target budget again. However, the firm is set to pay out its quarterly bonus to associates and fee-earning paralegals who recorded at least 400 billable hours in the last quarter.
June 14, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
U.K.-based law firm CMS Cameron McKenna will not pay out its firmwide bonus this year after the firm failed to reach its target budget again.
This is the second consecutive year that Camerons staff will not receive the annual bonus after the firm fell short of its target for 2009-2010, thought to be approximately £230m.
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