Sure, the basic compensation was quite good for law-firm partners in that whopper of an earnings year - 2020.
But, according the recen Abovethelaw survey, 50% of those partners in large and boutique law firms didn't receive bonuses. That could have meant they couldn't put down enough of a down payment for a getaway in the Hamptons or on Martha's Vineyard.
In the current marketplace, associates probably would head for the exits if they didn't receive a bonus - and a substantial one.
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