Bonus

Big Law Bonus Fiasco: Perkins Coie and Hogan Lovells Retreat Amid Associate Uproar

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In a bold move that reverberated through the corridors of high-powered law firms, Perkins Coie and Hogan Lovells initially decided to retract customary special bonuses, a decision met with stark backlash from their overworked associates. Typically ranging from $6,000 to $25,000, these bonuses are not just a financial boon but a marker of appreciation and recognition. The strategic misstep by both firms starkly underscores the climate of fierce competition for top legal talent. As the revelation of the scrapped bonuses spread, facilitated by rapid digital communications, the legal community responded with immediate and sharp criticism, … Read more

Former Marketing Director Settles for Reduced $1.2 Million Verdict After Bonus Dispute Trials

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A former marketing director at Santé Ventures, after enduring two trials over her lawsuit for unpaid bonus payments, opted to accept a reduced jury verdict of $1.2 million rather than face a third trial. The decision came in response to a ruling by Judge Lewis J. Liman who presented her with the option to either accept the cutback or proceed with another trial specifically concerning damages. The legal battle centered around the marketing director’s claim for two separate bonuses totaling $1.5 million, which she alleged were promised but not delivered by her employer. According to … Read more

Former Marketing Director Agrees to $1.2 Million Settlement After Bonus Dispute Trials

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A former marketing director at Santé Ventures, a private equity firm, recently chose to accept a significant reduction to a $1.4 million jury verdict awarded to her, in a legal battle spanning multiple trials. This decision came into play after a federal judge presented an option to either accept the lowered sum or face a third trial. The adjustment, which was filed on November 4, is a pivotal development in a series of legal proceedings concerning unpaid bonus claims. The dispute traces back to allegations that Santé Ventures failed to pay two separate bonuses totaling … Read more

Baltimore Faces Legal Challenge Over Proposed Baby Bonus Initiative Before Election

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Baltimore, MD — A contentious debate has emerged in Baltimore as city officials make attempts to stymy an initiative from making it onto the November ballot. The proposal, known as the Baltimore Baby Bonus Fund, aims to allocate $1,000 to new parents to help mitigate the financial burdens of newborn care. Mayor Brandon Scott and members of the Baltimore City Council have filed a lawsuit seeking the removal of this measure from the upcoming election, citing concerns over its implementation and financial implications for the city. This legal challenge adds a layer of complexity to … Read more