Analysis

How Associate Bonuses May Highlight BigLaw's Profit Gap

Law360, Grand Rapids (November 22, 2017, 10:09 AM EST) -- In past years, many BigLaw firms have played follow-the-leader in matching associate bonuses to those set by the most profitable firms, but as law firm profit gaps grow, experts say it's likely that bonuses at less profitable firms will remain on trend with past years even as their counterparts up the ante for a select few associates.

The growing gap in the legal industry between the few most profitable law firms and the rest of the field could manifest in the holiday bonus season, according to industry experts who say less-profitable law firms that were burned by keeping up with salary...

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