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Boies Schiller Announces Associate Bonuses, Bonuses Top Out at $250,000

New York-based Boies Schiller & Flexner has announced its bonus scale and the bonuses range from $50,000 to $250,000 for senior associates. First and second year associates will get paid between $25,000 to $150,000, according to a report from the Wall Street Journal. The bonus amounts will vary for associates depending on several factors, including their billable hours.

With this announcement, the 15-year old firm is once again emerging as a "compensation king", one of the terms used to describe it on its Vault profile. Although the firm carries a much smaller footprint in terms of number of offices (just 12 across the U.S.) and number of associates (around 200 nationwide), it has been a leader and trailblazer in associate pay for the last few years. The BigLaw firms that announced their bonuses last week are paying their associates amounts ranging from $10,000 to $60,000.

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University of Michigan Ann Arbor School of Law

University of Michigan Ann Arbor School of Law

The University of Michigan Ann Arbor School of Law or the Michigan School of Law as it is popularly known is one of the oldest law schools of the U.S. and it consistently ranks among the top 10 law schools of the U.S. in rankings published by different sources and organizations. Michigan Law School is considered to have one of the best campuses and collegiate environment among U.S. law schools.

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