They
are
terrified
of
the
unknown.
The
one
thing
law
firms
don’t
like
is
unknown.
We
don’t
know
what
is
going
to
happen,
and
all
indications
are
there
are
still
significant
headwinds
in
transactions.
Nobody
wants
to
give
out
wild
bonuses
and
at
the
same
time
pulling
a
Cooley.
Giving
extraordinary
bonuses
right
now
is
fraught
with
peril.
They
are
scared
shitless.
—
The
leader
of
an
Am
Law
25
Biglaw
firm,
in
comments
given
to
the
American
Lawyer
on
why
the
Am
Law
200
has
been
so
slow
to
match
year-end
bonuses
this
year.
Bonus
season
is
usually
a
whirlwind
of
activity,
but
thus
far,
not
as
many
firms
as
usual
have
decided
to
enter
the
bonus
fray
yet.
Click
here
to
track
which
firms
have
announced
their
2022
bonuses.
Staci
Zaretsky is
a
senior
editor
at
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
to
hear
from
you,
so
please
feel
free
to
email
her
with
any
tips,
questions,
comments,
or
critiques.
You
can
follow
her
on
Twitter
or
connect
with
her
on
LinkedIn.
