Bonuses among the white-shoe Wall Street firms are permitting second year associates earn more than the US Chief Justice John Roberts. Why the irrational copycat bonus-for-bonus matching? The NY Times Andrew Sorkin reports.
Bonuses on Wall Street are going to be bad this year, except if you work at Goldman Sachs. Or, oddly enough, if you’re an associate at a white-shoe law firm. (Granted, the scale of banking bonuses is in a rarefied class of its very own, even when compared with law firms, but bear with me). […]
