Big Law bonus season is in full swing, with top law firms handing out up to $140,000 in extra payments to associate attorneys.
This year, associates at the country’s elite law firms can expect a pair of bonuses. Some firms already gave lawyers up to $40,000 in special bonuses during the coronavirus pandemic, while others are playing catch up. That’s in addition to annual bonuses that top out at $100,000.
In a year marked by pandemic-driven cost cutting across the industry, associates welcome the extra cash, which is a possible sign firms have weathered the crisis.
Although payments fluctuated over ...