(Photo: Diego M. Radzinschi/ALM) Kirkland Renews $50K Referral Bonuses as Associate Demand Ramps Up
Other firms may follow suit and give out referral bonuses soon, if they are not already, according to some legal recruiters and consultants.
July 17, 2024 at 03:36 AM
4 minute read
What You Need to Know
- Kirkland & Ellis recently renewed a $50,000 referral bonus until January amid heightened demand.
- Referral bonus amounts tend to fluctuate with lateral hiring demand, recruiters said.
- The $50,000 bonus is above average for Big Law but not the highest a firm has offered.
Kirkland & Ellis' move to renew its $50,000 associate referral bonuses underlines the heightened demand for talent now amid an uptick in deal work this year, industry observers say. It's also a move that may encourage other law firms to implement their own referral bonuses, if they haven't already, some sources added.
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