Of Course Biglaw Firms That Conducted Layoffs Are Going To Hand Out Market Bonuses
Come on, they can't afford to show weakness again.
Ed. note: Welcome to our daily feature, Quote of the Day.
Firms that were publicly in the news having done layoffs, I think they will be very sure to pay market bonuses.
— Kate Reder Sheikh, a California legal recruiter for Major, Lindsey & Africa, in comments given to Bloomberg on Biglaw’s upcoming bonus seasons. Firms that conducted layoffs and deferred incoming associates earlier this year may be eager to show that they’re doing better now, but recall that many associates’ bonuses may be affected due to their compliance with in-office attendance policies.
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 Twitter and Threads or connect with her on LinkedIn.
