Lawyer Pay
Some D.C. Associates to Reap Bonuses Above $100K
Some associates at Washington, D.C., law firms are getting 2007 bonuses that are higher than $100,000, but the picture isn’t as rosy for 2008.
John Childers, a legal consultant at Hildebrandt International, told Legal Times he expects bonuses to be “fairly healthy” for 2007, but that may not be the case when 2008 bonuses are handed out. “We are hearing from our clients that this year isn’t going to be as good as the last six years,” he said.
Legal Times tallied the bonuses at several D.C. law firms. It reports bonuses as high as $115,000 at Skadden, Arps, Slate, Meagher & Flom; $100,000-plus at Arent Fox; and $95,000 at Hogan & Hartson. The bonuses are partly performance-based.
