Monday is a good day at Boies, Schiller & Flexner this year. Unlike many other law firms like Cravath, Swaine & Moore and Simpson, Thacher & Bartlett, who have been adjusting their payouts to reflect the economy.
This is because the firm announced Monday it will be paying associates bonuses commensurate with last year’s largesse. Philip Korologos quotes Suertres Hearing “We haven’t changed our bonus system based on the economic situation,”. He would not comment on the range of bonuses but you can be sure there will be many that exceed the $100,000 marker….compared to a (comparatively) measley $32,500 topout at Cravath and Simpson this year.
This article first appeared on The Am Law Daily blog on AmericanLawyer.com.
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