Business
Ashurst doubles bonus pool, pays out pandemic ‘special reward’ – The Australian Financial Review
The payment comes as law, professional services and investment banking firms abroad offer staff lucrative bonuses as they eye the other side of the pandemic.
Leading US law firms to offer staff special COVID-19 bonuses include Davis Polk, Willkie, Fenwick & West, Freshfields, Sherman & Stirling, Cravath, Winston & Strawn and Orrick. The bonuses ranged from $US12,000 to $US64,000 ($16,000 to $85,000) depending on years of service.
Several of those firms, such as DLA Piper and Clifford Chance, have Australian offices.
So far, the only Australian law firm to offer staff bonuses is top-tier firm Herbert Smith Freehills, where staff will receive a one-off…
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