Tuesday, January 24, 2006

First salary hikes - Now bonuses?

Dont get be wrong. Its not a case of sour grapes. Kudos to all who earned those bonuses. But one begs the question - is the end cost to the client really an issue with the legal community? Among the top 5 things clients are looking for from law firms was cost saving initiatives. One can only think this is not really a priority for most large law firms. Associates are getting as much as 100% of their base salary in bonuses. According to Law.com's recent article As Times Get Better, So Do the Bonuses law firms increased the base salaries of their attorneys this year as well as their bonuses some to the tune of $150,000.

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