Our series on the perks or fringe benefits of large law firm life has become somewhat sporadic, partly because we’ve covered so many of the biggies. To review our past posts, click here, and scroll down.
Today’s perk: prizes for big billers. If you really kill yourself during a particular month, racking up 250 or 300 hours on some monster deal or litigation, do you get rewarded for it? Of course you might see your crazy hours reflected in your year-end bonus check. But might you get some other, non-monetary benefit? (And we’re not counting being able to show up after 10 on the morning after an all-nighter.)
We don’t know if this policy still exists, but a source sent us this interesting information:
When I was at Clifford Chance (f/k/a Rogers & Wells), a legacy Rogers & Wells program was that if you billed 250 in a month, the firm covered dinner for you and a guest (spouse, date, friend, etc…) with no questions asked. It was an amazing program. Historically, the Firm had no limit, but assumed associates would “just exercise the judgment expected of them.”
It worked for years until a few “exceptions” decided to add very, very expensive bottles of wine to their orders. I think eventually the limit was set at $500. I know more than a handful of “superstars” tanked their careers by “not exercising the judgment expected of them” and submitting dinner bills for several thousands of dollars.
Anyone know if Clifford Chance still has this special dinner benefit?
We also hear that at WilmerHale, “super-super high billers” get vacation vouchers. Can anyone confirm and/or provide more details?
Update/Correction: Or maybe the WilmerHale workaholics get gift cards? See this comment.
Please discuss, in the comments. Thanks!