Lots of big-firm associates are now enjoying their hefty end-of year bonus checks. At the most profitable New York firms, bonuses ranged from $15,000 to $100,000. That’s not bad, considering that associate salaries at these firms start out at $160,000 and can climb to $280,000. (At outlier Boies, Schiller & Flexner, bonuses topped out at $350,000.)
While some of this money might be earmarked to pay off staggering student loans, I imagine that a good chunk is also being spent on fun stuff: BMWs, Hawaiian vacations, Fitbits and artisanal Moscow Mules.
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