About Those Ever-Rising Associate Bonuses? You May Want to Lower Your Expectations

Posted on Friday 31 October 2008

About those ever-swelling year-end bonuses associates have enjoyed in recent years -- maybe not this year. A slowdown in legal work and decreasing profits at law firms mean that many associates will probably see bonuses on par with or lower than those they received in 2007, says James Cotterman, an attorney compensation consultant at Altman Weil. While it's still early in 2008 bonus season, there are a few hints that firms may take a slightly different approach this year.

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