While many big firms have rewarded associates with big bonuses, and some have started to match a new associate salary scale set by Milbank last week, Sheppard, Mullin, Richter & Hampton is sharing its profits with staff members.
Staff received a bonus equal to two weeks’ pay, in addition to a special bonus of another half of a week’s pay, which will be reflected in their Jan. 21 paychecks, according to a memo obtained by Law.com.
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