More Big Law firms are rolling out year-end bonuses, with extra payments as high as $115,000 for senior associates.
The firms joining the parade of bonus announcements Friday include Debevoise & Plimpton; Paul Weiss; Milbank; Paul Hastings; and Baker Botts. The moves come as slowing demand has tightened the job market for junior lawyers and prompted layoffs at other firms.
The scale starts at $15,000 for the most junior lawyers, according to Friday firm emails viewed by Bloomberg Law. The payment targets are the same those firms used a year ago.
The firms’ bonus plans follows an announcement earlier Friday ...
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