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associate compensation

Optimal Timing for Associate Lateral Moves: Key Insights for 2025–2026

JDJournal highlights new research from BCG Attorney Search that examines the most strategic timing for associates considering a lateral move.…

Where Associates Get the Most Value for Their Salaries: Cities That Stretch Biglaw Paychecks the Farthest

For Biglaw associates, starting salaries may be standardized across many markets — but what those dollars actually buy can vary…

Brewer, Attorneys & Counselors Shakes Up Biglaw Compensation with $300K First-Year Salaries

Amid Legal Industry Uncertainty, Brewer Boosts Morale with Record-Breaking Salaries As much of the legal industry continues to navigate political…

Hogan Lovells and Perkins Coie Reverse Course, Announce Special Bonuses for Associates

Hogan Lovells and Perkins Coie have announced market-rate special bonuses for their associates, reversing earlier decisions not to provide the…

Bonus Season Highlights Varying Approaches Among Law Firms

The much-anticipated bonus season is underway, with many law firms aligning their compensation structures to match market expectations. However, not…

Steptoe Launches Innovative Compensation Model for Associates

Steptoe LLP, a prominent BigLaw firm, is set to implement a new, flexible compensation system in 2025 that offers associates…

BigLaw Firms Step Up: PaulWeissCleary Gottlieb, Fried Frank, and Weil Match Milbank Bonuses

In a highly competitive year for talent retention and recognition, four prestigious BigLaw firms—Paul Weiss Rifkind Wharton & Garrison LLP,…

Milbank Takes the Lead on 2024 Year-End Bonuses for Associates

Milbank LLP has set an impressive tone in the legal industry by becoming the first major Biglaw firm to announce…

Reed Smith Implements New Associate Compensation Structure

Reed Smith, a prominent law firm, has confirmed adjustments to its associate compensation structure, prompted by a leaked memo revealing…

Spring Bonuses at WilmerHale

Like so many of its counterparts, WilmerHale announced that associates will receive a spring bonus to be paid on April…

Shearman & Sterling Jumps on the Spring Bonus Bandwagon

We spent much of the first half of winter bemoaning the sorry state of associate bonuses which held firm at…

Linklaters Paying Spring Bonus to US Associates

In yet another sign that things are looking up in the legal industry, Linklaters became the second Magic Circle firm…