The New York Times reports that associates working at a large law firm in New York are taking home, on average, from $15,000 to $100,000 in bonus payments, depending on their tenure. The top bonuses being doled out by law firms are roughly $40,000 more than most large New York firms handed out to their most senior associates last year.
Boies, Schiller & Flexner, the litigation firm co-founded by David Boies, is pushing the bar even higher, saying it will award bonuses from $125,000 to $150,000 to many of its most senior associates. A year ago, the average associate there took home $85,000 in additional compensation.
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