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 &…
Pillsbury’s first year associates outside of New York are receiving a salary cut, down to $145k. Any first year that bills in excess of 1950 hours will receive an additional…
At the start of 2009 Arnold & Porter announced that it was freezing salaries but held out the hope that some or all of the difference might be paid out…
Two more firms have announced bonus schedules. Fried Frank’s bonuses for New York associates look and feel a lot like the Sullivan & Cromwell bonuses, which were of course a…
Up until this week, the scale for bonuses seemed pretty set in stone with every firm falling in lockstep with Cravath. But earlier this week Sullivan & Cromwell dared to…
Davis Polk has announced its year end bonus schedule and, surprise!, it looks all too familiar. Yup, it matches the bonuses put out by Cravath, which match the bonuses of…
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