A handful of Texas firms are among the large firms announcing special bonuses that will pay many associates up to $64,000 this year to reward them for hard work during the pandemic and perhaps avert departures.
April 07, 2021 at 11:52 AM
1 minute read
Senior reporter
The original version of this story was published on Texas Lawyer
Am Law 100 firms Vinson & Elkins and Akin Gump Strauss Hauer & Feld, along with trial boutique McKool Smith, are among the Texas-founded firms that have jumped on the parade led by Davis Polk & Wardwell, offering special associate bonuses of up to $64,000.
A growing number of Am Law 200 firms have announced that they will pay special bonuses this year, which generally require associates to meet billable hours thresholds to be eligible for the money and are made in two payments.
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