Boies Schiller Tops Rival Bonuses as Some Surpass $1 Million (1)

Boies Schiller Flexner is topping rivals with year-end associate bonuses—some exceeding $1 million—as a firm leader said lawyers deserve a return for their work.

More than 95% of associates will get awards that match or exceed what they would earn under the scale of $21,000 to $140,000 set by Milbank and Cravath Swaine & Moore, Boies Schiller managing partners said in a memo reviewed by Bloomberg Law.

“We wanted to ensure that our lawyers who were working incredibly hard for our clients were getting an incremental return,” managing partner and chairman-elect Matthew Schwartz said ...