Irell & Manella Doubles Market Rate on Bonuses

Los Angeles based Irell & Manella gave its associates the good news last week. The firm is paying double the Sullivan & Cromwell scale, which is the Cravath scale with a little boost at the top. There are no performance reviews or subjective criteria, just a minimum number of billed hours. All associates who billed 1900 hours last year got the bonus.

Irell & Manella LLP was founded in 1941 by lawyers Lawrence E. Irell and Arthur Manella, and has grown to 220 lawyers. It has offices in Century City and Newport Beach.