Business of Law
Eye-Popping Bonuses at Boies Schiller Top Out at Over $200K, Average $75K
Posted Dec 22, 2010 1:04 PM CDT
By Martha Neil
Another elite law firm known for its litigation work has shown associates the money, bigtime.
After a “very busy” year, Boies Schiller & Flexner is paying its top-performing associates annual bonuses that exceed $200,000, partner Phil Korologos tells Above the Law in a written statement.
The average bonus for associates who have been with the firm for over a year is $75,000, he says.
ATL says it has heard from unidentified sources at the firm that some junior associates with no more than three years at Boies Schiller got six-figure bonuses.
The blog describes the bonuses as “eye-popping” and says they appear to be the “best on the street” right now … but notes that ATL hasn’t heard how lucratively Wachtell Lipton Rosen & Katz plans to reward its associates this year.
ABAJournal.com: “Quinn Emanuel Announces Associate Bonuses of Up to $82K”