Susman Godfrey office sign. Houston's Susman Godfrey Scales Back Bonus but Still Beats Big Law
The firm announced Monday that it paid associate bonuses and promoted six associates, including four women, to partner.
December 14, 2020 at 02:20 PM
4 minute read
The original version of this story was published on Texas Lawyer
Houston-based litigation boutique Susman Godfrey announced associate bonuses Monday, with the median for each class ranging from $80,000 to $170,000—lower than last year, but still ahead of this year's Big Law market rate, which tops out at $140,000 when combining special bonuses and year-end bonuses at the top-paying large firms.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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