https://www.law.com/2022/12/16/some-law-firms-offer-superstar-bonuses-as-many-others-tread-carefully-amid-uncertainty/
Credit: ElenaR/Shutterstock/comDLA Piper and Katten Muchin are the latest Big Law firm to sweeten the bonus pot for high-billers, though many firms are proceeding with caution given the uncertainty of 2023.
December 16, 2022 at 05:57 PM
4 minute read
What You Need to Know
- Associates at DLA Piper and Katten Muchin could see bonuses as high as $172,500 this year.
- Many firms have been slow to announce bonuses this year, amid ongoing economic uncertainty.
- ‘Superstar’ or additional bonuses are most likely tied to high hours for a select pool of associates.
DLA Piper and Katten Muchin Rosenman are the latest Big Law firm to sweeten the bonus pot for high-billers, though they are somewhat outliers in doing so this year.
A majority of large firms have continued to match the scale set by Baker McKenzie, which legal consultants said is an indication that firm management is proceeding with caution given the uncertainty looming over 2023.
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