In a move to copy their across-the-pond counterparts, London-based Clifford Chance has slashed the bonuses of their US associates in half. This means that instead of receiving last year’s $32,000 to $65,000 employee reward, firm associates will receive $17,500 to $32,500. Other US firms that have cut their bonuses this year were have included: Cravath Swaine [...]
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Monday, December 8, 2008
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