Law Firm Hogan Lovells Alters Bonus Structure After Partners Raised Concerns - Law.com International

Hogan Lovells has shaken up its U.K. bonus arrangements, adding more flexibility into the way associates qualify for the awards as well as the amount on offer.

The firm has increased the total possible salary bonus pay out for senior associates at the firm from 40% to 50%. The amount is still calculated by two measures, billable hours and a discretionary element based on business development activities including playing a role on pitches, pro bono work or winning new clients.

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source: https://www.law.com/international-edition/2022/05/09/hogan-lovells-hikes-bonuses-revamps-system-after-partner-concerns/

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