It’s been almost three weeks since Freshfields became the first Magic Circle firm to join the latest round of special bonuses. But with Allen & Overy joining the bunch yesterday, associates are noting “a little late to the game but better late than never!”
Indeed, you could have gotten a hat.
So what we have here is a backloaded June and “Fall” bonus.
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What does “Fall” mean? It’s unclear. June isn’t exactly crystal clear either, with the memo only saying that the firm anticipates bonuses will be paid by June 30. For a firm that’s had three weeks to consider what its peers are doing, you’d think they’d have worked out more of the logistical kinks.
In any event, welcome news.
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Joe Patrice is a senior editor at Above the Law and co-host of Thinking Like A Lawyer. Feel free to email any tips, questions, or comments. Follow him on Twitter if you’re interested in law, politics, and a healthy dose of college sports news. Joe also serves as a Managing Director at RPN Executive Search.