If Biglaw Is Looking For An Excuse To Offer Bigger Year-End Bonuses, This Is It
Will no summer bonuses equal larger year-end bonuses for Biglaw associates?
Ed. note: Welcome to our daily feature, Quote of the Day.
This seems like a year where maybe big firms hold onto it, reserve their judgment, and reevaluate year-end bonuses. The bonuses last year were the same as the several years before that, so maybe this is the year they decide to do more, in that respect.
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— Michelle Fivel, a recruiter and co-founder of Hatch Henderson Fivel, in comments given to the American Lawyer, on the likelihood that Biglaw firms will fall in line with the summer bonuses announced by boutique firms Hueston Hennigan and McKool Smith. Of Biglaw associates’ summer bonus prospects generally, Fivel said, “My thought is that the big firms are not going to wholesale jump into this trend.”
Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on X/Twitter and Threads or connect with her on LinkedIn.
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