Year-End Law Firm Bonus Forecast Uncertain

Law360, New York (October 7, 2011, 5:27 PM EDT) -- A gilded spring of bonuses set off by Sullivan & Cromwell LLP left the industry with the impression that the market was heating back up after several years of layoffs and salary cuts, but now the buzz word for the year-end bonus season is “uncertain.”

Experts say that while demand and revenue increases in the first two quarters of the year are encouraging, weak economic forecasts and the possibility of a “double dip” recession mean firms may have to be especially strategic about the size and...
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