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Like so many of its counterparts, WilmerHale announced that associates will receive a spring bonus to be paid on April 29. Most firms have followed the scale set by Cravath, but in keeping with its move away from lockstep compensation, WilmerHale says bonuses will be merit based and in many cases will significantly outpace the market. According to the firm, roughly 43% of its associates received above market size bonuses at the end of 2010.
That might help take the sting off of the lower than average salaries associates reported in The American Lawyer’s associate’s survey for 2010.
