Home

No Bonuses at Jones Day
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Jones Day, a leading international law firm based in Ohio, will once again forgo associate bonuses this year.

Joe Sims, a Jones Day partner, said in an email that Jones Day will not bow to industry pressure by providing bonuses. He explained that the associates at their firm are rewarded in different ways. “We don’t do bonuses. We did away with that several years ago. Most bonuses are tied to hours billed, which creates an artificial incentive-artificial in the sense it is separate from any particular client needs-to bill hours. We compensate our associates based on their overall contribution in all the aspects of their work, just as we do our partners.” Sims added that although Jones Day does not give bonuses, the firm provides merit raises to its associates.

Recently, other law firms such as Boies Schiller, Susman Godfrey, Quinn, Emanuel, Urquhart & Sullivan, Cahill Gordon & Reindell and Cravath, Swaine & Moore announced their year end bonuses. The bonuses in most firms range from $7,500 to $35,000. However, Boeis has moved well ahead with its $75,000 to over $200,000 bonus to its associates. Sims explained that even though Jones Day does not give out bonuses, their associates stay with the firm because it’s still making partners. In fact, Jones Day recently announced that the firm has 36 new partners in its various practices such as antitrust, trial practice, bankruptcy, merger and acquisitions–and even a couple or so in real estate.

  
What
Where




 

RELEVANT JOBS

Civil Associate Attorney

USA-CA-Roseville

Law firm seeking a general civil litigation associate with 5+ years of civil litigation experience. ...

Apply now

Associate Attorney

USA-CA-San Diego

Brightside Law Group is growing! We are looking for an Associate Attorney to join our Special Educat...

Apply now

Associate Attorney

USA-CA-San Diego

Brightside Law Group is growing! We are looking for an Associate Attorney to join our Special Educat...

Apply now

Paralegal / Data Analyst

USA-DC-Washington

Kalijarvi Chuzi Newman & Fitch (KCNF), a boutique employment law firm, seeks a full-time Paralegal t...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Junior to Mid-level Investment Management Associate Attorney

USA-NY-New York City

New York City office of a BCG Attorney Search Top Ranked Law Firm seeks junior to mid-level investme...

Apply Now

Mid-level Debt Finance Associate Attorney

USA-CA-San Francisco

San Francisco office of a BCG Attorney Search Top Ranked Law Firm seeks mid-level debt finance-focus...

Apply Now

Senior Business and Corporate Law Attorney

USA-CA-Murrieta

Murrieta office of our client seeks a senior business and corporate law attorney with 3+ years of bu...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top