Hogan Lovells has defended the firm's bonus system in the wake of criticism from partners that the process is not independent enough and that pay for international management committee (IMC) members is too high. Several London partners have expressed dissatisfaction about the process, which has recently seen bonuses for all partners – including those on the IMC and board – announced following a review process lasting around three months.
April 25, 2013 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Hogan Lovells has defended the firm’s bonus system in the wake of criticism from partners that the process is not independent enough and that pay for international management committee (IMC) members is too high.
Several London partners have expressed dissatisfaction about the process, which has recently seen bonuses for all partners – including those on the IMC and board – announced following a review process lasting around three months.
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