Desmarais LLP does not follow the herd when it comes to compensation. We offer salaries that meet or exceed the New York market. And when it comes to bonuses, we believe that if the firm has a good year everyone should share in the proceeds, so bonuses are based on the firm’s success and the lawyer’s performance. As a result, Desmarais LLP has regularly paid higher-than-market bonuses, surpassing the largest and most prestigious BigLaw firms in New York. We also believe in taking care of our people, and that belief has translated to a generous benefits program that exceeds anything offered by our competitor firms. For example, Desmarais LLP currently provides all employees and their dependents with health insurance and pays 100% of the premiums, i.e., no monthly fees for employees. We also help our employees save for the future. In addition to providing a 401(k) plan for our employees, we have contributed 4% of each employee’s salary (up to the IRS maximum) into his or her 401(k) plan. This is not a “matching” program; the firm has made the contribution regardless of how much the employee chose to invest on his or her own. We also reimburse associates for reasonable moving expenses, bar application fees, examination fees, and a bar study course.
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