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‘The Damage Has Already Been Done’: Top Firms May Struggle To Recover From Special Bonus Snubs – Above the Law



Ed.
note
:
Welcome
to
our
daily
feature,

Quote
of
the
Day
.


When
you
consider
the
amount
of
money
saved
versus
the
amount
of
bad
press
you
get
and
the
general
low
morale
of
the
workforce
that
you
depend
on,
it
becomes
a
very
difficult
situation.
And
I’m
not
surprised
each
time
this
happens
that
firms
then
go
back
and
reconsider,
and
then
come
back
and
present
the
matching
bonus.


The
problem
is
the
damage
has
already
been
done,
and
maybe
associates
have
a
short
memory
span,
maybe
they
don’t,
but
it’s
always
hard
to
be
the
firm
that
doesn’t
match
and
get
singled
out,
and
the
market
can
be
a
very
cruel
place.




Jeffrey
Lowe,
a
Washington,
D.C.-based
recruiter
with
CenterPeak,
in
comments
given
to
the

American
Lawyer
,
on
the
change
of
heart
that
took
place
among
leaders
at

Perkins
Coie

and

Hogan
Lovells

with
respect
to
special
bonuses.
Both
firms
originally
declined
to
offer
associates
special
bonuses,
but

finally
caved

after
facing
backlash.



Staci ZaretskyStaci
Zaretsky
 is
a
senior
editor
at
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
to
hear
from
you,
so
please
feel
free
to

email

her
with
any
tips,
questions,
comments,
or
critiques.
You
can
follow
her
on BlueskyX/Twitter,
and Threads, or
connect
with
her
on LinkedIn.


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