Spring Bonuses News Today : Breaking News, Live Updates & Top Stories | Vimarsana

How exciting!

April 26, 2021 at 9:22 AM Shares2 The last time Linklaters responded to market bonuses, the firm took two weeks longer than its peers to come to a decision and then didn’t even match. In a cryptic message, the firm promised bonuses on an increasing scale beginning at 1700 hours, though associates weren’t confident that billing 2000 hours would even net half the market bonus. So while it may not surprise anyone that Linklaters took longer than the rest of the market to respond, it is welcome news that the firm fully matched the prevailing market this time around. In an email circulated on ...

April 20, 2021 at 10:28 AM Shares3 It’s been almost three weeks since Freshfields became the first Magic Circle firm to join the latest round of special bonuses. But with Allen & Overy joining the bunch yesterday, associates are noting “a little late to the game but better late than never!” So what we have here is a backloaded June and “Fall” bonus. What does “Fall” mean? It’s unclear. June isn’t exactly crystal clear either, with the memo only saying that the firm anticipates bonuses will be paid by June 30. For a firm that’s had three weeks to consider what its peers ar...

Shares1 (Image via Getty) Baker McKenzie has a whole lot of associates to keep happy. So we’ve been very interested in tracking when the mammoth firm would join the rest of the market in offering special bonuses. Well, they’re here. Not that we’re necessarily blaming Baker McKenzie for taking so long. It takes a while to count up the partnership votes when you’ve literally got thousands of stakeholders. That’s probably why they got a head start on annual bonuses last year and then lagged a bit in approving the first tranche of special bonuses. But they’re out now. Let’s see what...

Associates will have to wait for the big bucks.