Lawyer Compensation - General
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Paul Hastings, Goodwin, Simpson, Debevoise, Cleary Board the Bonus Bandwagon
By Andrew Maloney | March 25, 2021
The bonus payments offer flexibility for firms to change course in future years while offering an incentive for associates to stick around for the rest of the year.
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Paul Weiss, Milbank and Skadden Join Latest Push for Special Associate Bonuses
By Andrew Maloney | March 24, 2021
A trio of elite firms on Wednesday committed to paying out special bonuses on the same scale as Davis Polk, amid a hot associate job market. The Milbank bonuses will apply to associates in the United States, London, Brazil and Asia, and German associate bonuses will be announced separately. Skadden's bonuses apply globally.
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Associate Bonus Battle Hits Big Law
By Andrew Maloney | March 24, 2021
A chain reaction of other law firms matching bonuses is expected, but it's going to be expensive for some firms that probably shouldn't be responding, legal analysts said.
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Davis Polk Ups Ante on Associate Bonuses As It Overtakes Willkie
By Christine Simmons | March 22, 2021
Equivalent bonuses will also be paid to associates in the firm's international offices, based on their local currency. The firm's announcement on Monday will likely raise the stakes again for other elite firms.
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Two More Top UK Firms To Hand Staff Pandemic Bonuses
By Simon Lock | March 19, 2021
Seven UK firms have now committed to paying additional bonuses to staff so far this year.
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DLA Piper Plans To Harmonise International Bonus Payouts
By Simon Lock | March 19, 2021
The move will allow bonus awards to coincide with annual pay reviews.
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MoFo Profits Grew By Double Digits Despite Lukewarm Litigation Market Last Year
By Dylan Jackson | March 15, 2021
Much of Morrison & Foerster's transactional work was fueled by major client SoftBank, which did a number of significant deals in 2020.
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Clifford Chance Hands Staff One-Off Bonus as Baker McKenzie Maintains Non-Lawyer Pay Freeze
By Hannah Roberts | March 12, 2021
CC follows the likes of Herbert Smith Freehills and Simmons & Simmons in announcing a pandemic-tied bonus.
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Simmons Latest Law Firm To Hand Out Pandemic Bonuses
By Varsha Patel | March 11, 2021
The one-off payment will be paid in addition to the firm's existing bonuses and remuneration structures.
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International Edition | Commentary
What do Slaughter and May Partners Really Earn?
By Paul Hodkinson | February 12, 2021
The firm may not be as profitable as its reputation has always suggested, a collegiate culture is its main form of defence.
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