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Reid Collins' Compensation System Leads to Above-Market Bonuses This Year
Associates at Texas-founded trial firm Reid Collins & Tsai have already been paid bonuses ranging from $50,000 to $200,000, which exceeds the Big Law market scale for year-end bonuses.
ITT Rolls Out Succession Plan: Former Deputy GC Returns as Legal Chief
Lori Marino returns to ITT Inc. to succeed retiring Mary Beth Gustafsson as senior vice president and general counsel, effective Jan. 1, 2023.
Susman Godfrey Year-End Bonuses Outpace Big Law Market Scale
The Houston-based trial firm also elected seven associates to partner, a number that ties the largest prior class of new partners.
Year-End Lateral Activity 'Swings Toward the Normal': The Morning Minute
The news and analysis you need to start your day.
Dechert Matches Prevailing Scale in Year-End Bonuses
Associates of the 2022 class year will receive year-end prorated bonuses of $15,000, and bonuses range as high as $115,000 for the most senior associates.
UK-based Freshfields Bruckhaus Deringer Matches Several Competitors With US Bonus Scale
The firm has opted to pay its newly qualified associates a bonus this year, unlike some U.S. firms.
'For Exceptional Contributions': A Select Pool of Associates Will Receive Extra Cash
Several law firms say they are giving out additional bonus money to high-performers. But firms generally know eligibility will be limited based on the decline in demand this year.
Baker Botts Joins Ranks of Big Law Firms Announcing Market Scale Year-End Bonuses
Baker Botts is the first Texas-founded Big Law firm to announce year-end bonuses for associates and special counsel at the market rate that ranges up to $115,000 for senior associates.
'Terrified of the Unknown': What's Behind the Delay in Announcing Associate Bonuses
While Skadden became the latest firm whose year-end bonuses were confirmed, few other firms have announced associate bonuses. "They are scared shitless," said one Am Law 25 firm leader about peers.
McDermott Matches Bonuses, But Estimates 65% of Associates Will Earn Above Cravath Scale
Unlike Cravath, McDermott detailed bonuses for eighth-year associates.Trending Stories
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