'Staying Bonuses' Can Help Keep Associates, But More than Cash Is Needed

While bonuses have kept some associates from moving to midsize firm competitors or outside Big Law entirely, large firms must also be more creative and holistic in the long run to retain top associates when the barriers between home and work life are eroding.

6 minute read May 01, 2021 at 12:03 AM
By
Andrew Maloney
'Staying Bonuses' Can Help Keep Associates, But More than Cash Is Needed

With their younger lawyers facing all-consuming deal work and longer hours, big firms are throwing extra cash to associates to motivate them to stick around.

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