Ed. Note: Welcome to our daily feature Trivia Question of the Day!
According to reporting by ALM, which Biglaw firm recently increased the percentage of profits they reserve for bonuses to high-performing partners to 15%?
Has Legal Industry Upheaval Changed Your Career Goals?
We'd love to hear your thoughts. Enter for a chance to win a $250 gift card.
Hint: Reserving that percentage of profits for partner bonuses (which is almost twice what most Biglaw firms save for that purpose) allows the firm to pay its top performers in the range of $12 million to $15 million.
See the answer on the next page.