Baker Botts has reported impressive financial figures for 2023, with gross revenue of $733,836,000 and profits per equity partner reaching $2,457,000, showcasing strong financial health in a competitive market. The firm is not only maintaining its position but also matching the Milbank scale for bonuses, which reflects its commitment to employee compensation amidst the current market trends.
With bonus season upon us, firms are racing to disclose the compensation packages for their associates. This display of financial generosity aims to retain talent and stay competitive in a saturated market where top-tier firms like Milbank set the precedent for bonus scales.
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