Sonnenschein Unveils Merit-Based Bonus For 2010
Law360, New York (March 09, 2010, 6:52 PM ET) -- Sonnenschein Nath & Rosenthal LLP on Tuesday revealed further details of its move to a merit-based pay model, saying it would withhold a portion of first-year associates' pay until 2011 to help them acclimate to the new structure.
Salaries for first-year associates in New York will return to $160,000 — up from $145,000 — but between 12 percent and 15 percent of their pay will come in the form of a “base bonus” paid out in early 2011, according to Jeffrey S. Mutterperl, a spokesman for...
Salaries for first-year associates in New York will return to $160,000 — up from $145,000 — but between 12 percent and 15 percent of their pay will come in the form of a “base bonus” paid out in early 2011, according to Jeffrey S. Mutterperl, a spokesman for...
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