In 2010, the law firm of Cravath Swaine & Moore low-balled the market for bonuses, which was then steamrolled by the firm of Cahill Gordon. The low bonus scale set…
Two more law firms have announced that they will be handing out $42,500 year-end bonuses to their eighth-year associates and above before 2011 comes to an end. According to Law360,…
We spent much of the first half of winter bemoaning the sorry state of associate bonuses which held firm at last year levels despite widespread increases in firm profits. Now…
In yet another sign that things are looking up in the legal industry, Linklaters became the second Magic Circle firm to announce spring bonuses for its US based associates. Freshfields…
Clifford Chance LLP, a UK-based law firm and one of the largest firms in the world, announced the addition of a former investment banker to their firm. Robert F. Masella,…
Good morning everyone! Today is Friday, November 26th, and it’s Black Friday! Here’s a quick look back at the latest headlines. Former Texas solicitor general Gregory Coleman died in a…
Milbank will pay associate bonuses on what is rapidly becoming known as the Cravath scale. For the second year in a row, Cravath started bonus season off with bonuses far below…
Skadden, Arps, Slate, Meagher & Flom have matched the associate bonus scale announced earlier this week by Cravath, Swaine & Moore. The numbers range from $7,500 for first-year associates to…
Good morning everyone! Today is Wednesday, November 24th. Here’s a quick look back at yesterday’s headlines. The exchange of artillery fire between North and South Korea set the stage for China…
Last year, Cravath kicked off the bonus season with a bonus schedule that represented huge cuts from previous years. Most firms followed behind, although some firms took the Sullivan &…
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