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Dorsey Caps Partner Draws, Furloughs a Fragment of Its Workforce

by Brennan | Nov 30, 2021 | Comp News | 0 comments

COMP NEWS – Law firms across the US had a very positive 3rd quarter. However, highly paid associates are taking a large chunk out of legal firms’ bottom lines. The latest Thomson Reuters Peer Monitor Index, which tracks economic indicators at large and midsized...

Law Firms Offer Up To $164,000 Bonuses For Associates Working 100 Hour Weeks

by Brennan | Oct 13, 2021 | Comp News | 0 comments

COMP News – Throughout the pandemic, big law firms across the industry have realized their employees are facing burnout. One way these firms are helping their employees is through bonuses. In September 2020, Cooley LLP, a Palo Alto-based law firm, announced it...

Biglaw Firm Announces Raises And Special Bonuses Amid Aim For Healthy Work-Life Balance

by Brennan | Jul 28, 2021 | Comp News | 0 comments

COMP NEWS – Another top law firm has announced an array of new compensation increases in both salary and bonuses, joining a hyper-competitive year among law firms that are vying to retain top associates. Cozen O’Connor — a firm that brought in $530,875,000 gross...

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Compensation News

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