Ed. note: Welcome to our daily feature, Quote of the Day.
I’m actually, to be honest, surprised. I thought that when the special summer bonuses were not matched when there was just resounding silence from the market that it was going to be a one off.
— Kate Reder Sheikh, a recruiter for Major Lindsey & Africa, in comments given to Bloomberg Law, on the spate of special bonuses that have accompanied the year-end bonus announcements that Biglaw firms have released thus far. Back in August, Milbank announced a round of special summer bonuses that went largely ignored by other firms, leaving associates wondering about their compensation and whether they’d be made whole come bonus season.
Staci 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 X/Twitter and Threads or connect with her on LinkedIn.
