Biglaw Closes Out The Year With Some Shenanigans
Always waiting until the last minute. The week between Christmas and the New Year is usually pretty dead for legal news, which makes it the perfect time for a firm to try to slip some shady stuff past the goalie. Shearman started telling associates that they would not be getting bonuses for a variety of previous unannounced reasons. Foley Hoag tried to retroactively apply next year's hours requirement to this year's bonuses (they did the right thing and retreated within 48 hours). And Nelson Mullins sprung a new "collections" policy that you really have to hear about to believe.