Wilkinson Stekloff, a prominent boutique trial firm, has announced that it is offering above-market bonuses to its associates this year. This decision marks the eighth consecutive year that the firm has surpassed the market standard in its bonus offerings. While many firms strive merely to match the bonuses set by industry leaders like Milbank, Wilkinson Stekloff has chosen to exceed them, thereby attracting attention from across the legal community.
Associates at Wilkinson Stekloff will not only enjoy base bonuses that surpass the market average, but they will also receive special bonuses that are in line with those offered by Milbank. This commitment to rewarding their associates comes as an assertive move by the firm, which operates in a competitive legal landscape. The bonuses are scheduled to be distributed by December 13th.
This dynamic approach to compensation underscores the firm’s successful year and its strategy to retain top legal talent by enhancing its compensation packages. Wilkinson Stekloff’s approach could potentially influence other boutique firms and even larger law firms to reassess their compensation strategies to remain competitive.
For more detailed information, refer to the full article on Above the Law.