Big Law Firm Bonuses from SalaryExpert
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Compensation for attorneys is affected by a variety of factors including location and hours billed, but the size of the law firm is a very important determinant as well. The larger firms are able to handle matters that can produce a level of profitability not usually matched by firms with less than 100 attorneys. Big law firms tend to cluster in their pay practices with the most prestigious firms setting a structure that other large firms will follow. Firms don’t need to purchase salary surveys as the information on associate salaries is widely available.
