Law Firm Partners Aren't Swimming In Bonus Money
But don't worry, they're doing just fine.
Ed. Note: Welcome to our daily feature Trivia Question of the Day!
According to an Above the Law survey of almost 400 attorneys and staff members across hundreds of Biglaw and boutique law firms, what percentage of partner respondents said they did not receive a bonus in 2021?
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Hint: Not that (equity) partners should really mind, seeing as profits are rising in the industry, but the largest percentage of partners (compared with ~30 percent of counsel, ~27 percent of associates, and ~37 percent of staff) reported no bonuses.
See the answer on the next page.