Quinn Emanuel Creates Associate Longevity Bonus Pool

No, this is not some kind of macabre ERISA plan or a law firm associate Hunger Games, it is a way of enticing associates to stay with the firm for the long haul:

“Quinn Emanuel Urquhart & Sullivan is enticing its associates to stay with the firm with an ‘associate longevity bonus pool.’ Not everyone will qualify for the supplemental bonuses, which are tied to law firm profits….Only second- through sixth-year associates are eligible. They have to bill 2,000 client hours in a year to maintain eligibility. They can’t collect for three years and there is no pro rata vesting.”

Read: Quinn Emanuel creates ‘associate longevity bonus pool’ at ABA Journal – Daily News

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