Arnold & Porter Pegs Bonuses To High Billable Hours

Law360, New York (January 31, 2013, 7:29 PM EST) -- Arnold & Porter LLP will pay associates bonuses pegged at higher-than-average billable hours, according to a memo published online Thursday.

Associate classes of 2012 and 2011 were eligible for $10,000 payouts for meeting a minimum requirement of 2,000 hours, or up to $40,000 for billing 2,800 hours or more, according to a memo dated Jan. 28 and published by legal blog Above the Law.

The firm's most senior associates were eligible for a year-end check of $30,000 after hitting the 2,000 minimum, or up to $75,000 for...
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