Simpson Thacher Tells Associates to Hit Office or Risk Bonuses

Simpson Thacher is threatening to withhold bonus money from associates at the law firm who don’t show up to the office at least three days a week.

The Wall Street firm recently updated its employee handbook to state that it may consider office attendance when handing out annual and other discretionary bonuses, a source familiar with the situation confirmed.

“Attorneys who do not comply with this policy (as determined by the Firm) may be ineligible for a discretionary bonus or may have the amount of their discretionary bonus reduced,” the firm said in the updated employee handbook.

Major law firms ...