Home

Cravath to Give Special Spring Bonus to its Associates
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

After setting the financial benchmark for year-end bonuses in late November, Cravath, Swaine & Moore  confirmed that the firm will also provide special spring bonus to all of its associates. Cravath is the fourth AM LAW 100 firm to join the latest industry trend.  Sullivan & Cromwell, Simpson Thacher & Bartlett, and Cleary Gottlieb Steen & Hamilton have also announced that special bonuses, ranging from $2,500 to $20,000, will be issued to their associates.

However, Cravath has set the bar higher as it revealed that its special bonuses would be significantly higher than the bonuses provided by the other firms announcing spring bonuses. For instance, Cravath’s payments to fourth-year associates are $15,000, an amount that is $5,000 higher than the extra payments to fifth years at the other three firms. Fifth through seventh year associates at Cravath  will receive payments of $20,000 as compared to the other three firms which announced that their fifth, sixth, and seventh-year associates would receive $12,500, $15,000 and $17,500, respectively.  Payments for part-time lawyers will be on a pro-rated basis.

  
What
Where




 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Mid-Level Commercial Business Litigator

USA-CA-Los Angeles

Los Angeles office is seeking a commercial business litigation attorney with 2-5 years of experience...

Apply Now

Mid to Senior Level Labor and Employment Attorney

USA-CA-San Francisco

San Francisco office is seeking a mid to senior level labor and employment attorney.

Apply Now

Senior Level Litigator

USA-CA-Woodland Hills

Woodland Hills office is seeking a litigation attorney with 5-7 years of experience and a background...

Apply Now

Litigation Associate Attorney

USA-FL-Miami

Miami office of our client seeks litigation associate attorney with 2-3 years of experience. The can...

Apply Now

RELEVANT JOBS

Commercial Litigation Associate

USA-IL-Chicago

Chicago loop commercial litigation boutique seeks associate attorney with at least 3 years of experi...

Apply now

Assistant General Counsel

USA-CA-San Francisco

THE POSITION The Brattle Group is seeking to retain an Assistant General Counsel to join its Lega...

Apply now

Legal Assistant

USA-KS-Wichita

Legal Assistants Are You Ready to Move Up? If you are the Rockstar Legal Assistant we are looking...

Apply now

Associate Attorney

USA-CA-Walnut Creek

East Bay based plaintiff construction defect litigation law firm is currently seeking an Associate A...

Apply now

SEARCH IN ARCHIVE

To Top