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Successful Bar Candidates — July 2011 Bar Examination
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Texas Lawyers Are Diving Into a Wider, Deeper Bonus Pool at Largest Firms
The bonus pool at the largest firms in Texas was wider and deeper in 2011. Interviews with firm leaders show that the range of paid bonuses stayed the same, but firms paid more overall, because more associates qualified or earned bonuses on the high end of the range.First-Year Associate Hiring Down Slightly at Big Texas Firms
About 400 lawyers have just started their careers at Texas' largest firms. The law firms are working to attract and retain new associates, including a decision by some not to raise salaries to $160,000, which some associates believe correlates with less work pressure. First-year Christopher Jaquez says that Vinson & Elkins has smoothed the transition from law school to full-time lawyer by supplying him with a partner mentor and an associate mentor. "It's important to me that I produce good work," he says.In a rare victory for a municipality in nationwide litigation against online travel sites over hotel occupancy taxes, a federal judge in Chicago ruled that companies like Priceline.com and Hotels.com must pay taxes on the marked-up prices they charge their online customers, not the wholesale prices they pay the hotels.
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