Ed. note: Welcome to our daily feature, Quote of the Day.
I don’t anticipate there being a mad rush for these special bonuses. Those are the kind of things that we tend to see when the lateral market is super, super high and firms are fighting tooth and nail against their competition to keep good associates.
— Darin Morgan, an associate law firm recruiter at Major, Lindsey & Africa, in comments given to the National Law Journal, on the likelihood that Biglaw firms that have yet to announce bonuses will match Milbank’s special bonus scale. Thus far, two firms have neglected to match the special bonuses while others have attached high billables for special bonus eligibility.
Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Bluesky, X/Twitter, and Threads, or connect with her on LinkedIn.