The 200-attorney Los Angeles law firm Irell & Manella has announced associate bonuses that are not only more generous than those being handed out by many national firms, but, for senior associates, represent an increase over last year’s bonuses.
The bonuses, announced last week during a meeting between associates and managing partner Elliot Brown, ranged from $15,000 for the class of 2008 to $70,000 for the class of 2002. Those sums contrast sharply with the far less generous bonus scale of $7,500 to $35,000 adopted by other leading firms in light of the economic downturn. Irell’s bonus scale was first reported on the legal news blog Above the Law.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
