We started the Firm with seemingly inconsistent goals: to provide the same level of excellent client service and results as when we were in Big Law, but at substantially lower rates; to lower billable hour requirements for Associates, but to compensate Associates in line with the top of the market. Despite no material revenue for the first three months of 2024 as we launched the Firm, our hard work, dedication, and devoted clients put us in a position to meet all of these goals this year.
A source tells Above the Law that lawyers were enticed to work at VHH with "the promise of less work and comp that would match or beat Cravath/Milbank scale" - and talk about follow through! Needless to say, associates are pretty excited.
Bonuses will be paid on or before December 31st to all associates who have met their 1800-hour billing requirement, reflecting the firm's commitment to competitive compensation.
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