The canine days of summer season are almost upon us, however there’s nothing that’ll make legislation agency associates perk up faster than information of bonuses. That’s proper — summer season bonuses have been unleashed!
Biglaw may not be able to announce bonuses, however that’s not stopping boutique companies from firing out of the gate with welcome monetary information.
To that finish, Texas-based complicated business litigation boutique Vartabedian Hester & Haynes — a agency that opened its doorways simply 18 months in the past — not too long ago introduced its thrilling bonus information at a summer season occasion. All attorneys and employees on the agency will obtain a $5,000 bonuses, no matter stage or title. On prime of that, all summer season associates and summer season interns will obtain a $1,500 bonus. A supply tells us that these bonuses are a part of the agency’s promise to compensate all associates at or above the Cravath/Milbank scale, whereas on the similar time offering a boutique expertise.
Congratulations to everybody on the VHH!
Will these boutique bonuses be sufficient to maneuver the needle on the bonus market general? Keep tuned.
Bear in mind everybody, we rely in your tricks to keep on prime of compensation updates, so when your agency broadcasts or matches, please textual content us (646-820-8477) or e-mail us (topic line: “[Firm Name] Bonus/Matches”). Please embrace the memo if out there. You’ll be able to take a photograph of the memo and ship it through textual content or e-mail in case you don’t need to ahead the unique PDF or Phrase file.
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Staci Zaretsky is the managing editor of Above the Regulation, the place she’s labored since 2011. She’d love to listen to from you, so please be at liberty to e-mail her with any suggestions, questions, feedback, or critiques. You’ll be able to comply with her on Bluesky, X/Twitter, and Threads, or join together with her on LinkedIn.