Home

Kaye Scholer Announces Year-End Bonuses
Download PDF

On Friday afternoon, the law firm of Kaye Scholer announced its bonuses for the end of the year, according to The Am Law Daily. The associates at the firm were informed that they will be receiving extra compensation at the end of the year based on the bonus scale created by the firm of Cravath, Swaine & Moore. The associates who tally at least 2,200 billable hours for 2012 will be receiving a bonus to go along with their bonus.

Michael Solow, a managing partner with Kaye Scholer, said the following in a statement:

  
What
Where


“A law firm is only as strong as its people, and bonuses are designed to recognize those who not only meet, but regularly exceed expectations,” Solow said. “Every year there are some associates whose performance is truly outstanding, sacrificing from their personal lives to serve Kaye Scholer and our clients. We therefore only think it appropriate that those associates deserve a little extra at bonus time.”

A spokeswoman from Kaye Scholer did not elaborate on the number of associates at the firm who would be hitting the 2,200 hour threshold for 2012.

Any associate who surpasses the 2,200 hour goal will be receiving bonuses beginning at $10,000 (first year lawyers) and will end at $20,000 (eight-year lawyers). Those bonuses will be added to the regular bonuses ranging from $10,000-$60,000 from the scale set by Cravath.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




 

Most Popular

Legal Career Resources

September 27, 2016 Going In-house Is Career Suicide For Good Attorneys

Summary: The best attorneys should never give up on their career by going in-house. Read on to learn why. Read Why Going In-house Is Often the Worst Decision a Good Attorney Can Ever Make to learn more. Going in-house is […]

read more

SEARCH IN ARCHIVE

To Top