Sonnenschein Pays Bonuses, Freezes Salaries

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Chicago’s Sonnenschein Nath & Rosenthal LLP will pay associates bonuses…

We are pleased to announce that Associate productivity bonuses for 2008 range from $10,000 to $70,000. The Policy and Planning Committee has approved the… bonus schedule which… remains unchanged from last year and includes a step up for seniority. These bonus levels will result in some of our Associates receiving significantly higher bonuses than their peers at many of the firms with whom we compete for talent and clients, and reflect our strong belief that it is important to recognize and reward our most productive Associates.

… but will freeze salaries in 2009.

  

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With respect to our Associate salary schedule, Policy and Planning has concluded… that, effective January 1, 2009, Associates moving to the next class year in 2009 will continue to receive the same base compensation as they did in 2008.

Via ATL.