Boies Schiller Flexner offices in Washington, D.C. Photo: Diego M. Radzinschi/ALM
Advocates say the new system is a step toward transparency for the notoriously opaque firm. Critics say the old formula-based system was intrinsic to BSF's entrepreneurial culture.
May 29, 2020 at 02:44 PM
1 minute read
Reporter, Business of Law
The original version of this story was published on The American Lawyer
Boies Schiller Flexner is changing its associate bonus structure from a formula system to a “market-rate” system that pays associates based on seniority instead of billable hours, according to several sources close to the firm.
The changes were announced this month, according to two people familiar with the decision.
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