Akin Gump Joins Firms Handing Out Fall Bonuses

Law360 (October 21, 2020, 5:44 PM EDT) -- Akin Gump Strauss Hauer & Feld LLP will be rounding out associates' and counsel's pay with a fall bonus, the latest BigLaw firm to reverse the belt-tightening trend set in the spring at the onset of the COVID-19 pandemic.

The special bonuses, scheduled to hit bank accounts on Nov. 30, will follow the scale set by Davis Polk & Wardell LLP last month, beginning at $7,500 for first-year associates and topping out at $40,000 for those with seven or more years of seniority.

"You have been making extraordinary contributions in the most challenging of circumstances," chairperson Kim Koopersmith told attorneys in...

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