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"Law firms have got bonuses all wrong"

says academic

Law firms have got bonuses all wrong says academic

A law professor says that the way law firms pay bonuses is flawed and sends the wrong messages. Stephen Gillers from the NYU School of Law says that rewarding lawyers who bill the most hours has a detrimental effect on work-life balance and does not reflect the quality of the work.

Bloomberg reports that Gillers questions why an associate who bills 2,400 hours but whose work is “ordinary” should receive a larger bonus than one who bills 2,000 hours but works with creativity and enhances the firm’s value to clients. Gillers says that the current bonus structure is a “sin” in the legal profession.

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