https://www.legislation.com/2022/12/16/some-law-firms-offer-superstar-bonuses-as-many-others-tread-carefully-amid-uncertainty/
Credit score: ElenaR/Shutterstock/comDLA Piper and Katten Muchin are the newest Large Legislation agency to sweeten the bonus pot for high-billers, although many companies are continuing with warning given the uncertainty of 2023.
December 16, 2022 at 05:57 PM
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What You Must Know
- Associates at DLA Piper and Katten Muchin may see bonuses as excessive as $172,500 this 12 months.
- Many companies have been gradual to announce bonuses this 12 months, amid ongoing financial uncertainty.
- ‘Celebrity’ or extra bonuses are most certainly tied to excessive hours for a choose pool of associates.
DLA Piper and Katten Muchin Rosenman are the newest Large Legislation agency to sweeten the bonus pot for high-billers, although they’re considerably outliers in doing so this 12 months.
A majority of huge companies have continued to match the scale set by Baker McKenzie, which authorized consultants mentioned is a sign that agency administration is continuing with warning given the uncertainty looming over 2023.
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