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

Litigation Trial Attorney with 3-5 years of pleading experience

USA-WA-Seattle

Seattle office of our client seeks litigation trial attorney with 3-5 years of experience. The candi...

Apply Now

Corporate Attorney with mergers and acquisitions experience

USA-CA-Los Angeles

Los Angeles office is seeking a corporate attorney with 1-6 years of M&A, corporate finance, securit...

Apply Now

Staff Attorney with 4-6 years of trademark and litigation experience

USA-PA-Philadelphia

Philadelphia office of our client seeks staff attorney ideally with 4-6 years of trademark prosecuti...

Apply Now

Patent Prosecution Associate

USA-IL-Chicago

Chicago office of our client seeks patent prosecution associate with experience. The candidate shoul...

Apply Now

RELEVANT JOBS

In House General Counsel

USA-CA-Fort Bragg

Mendocino Coast District Hospital (MCDH) is seeking a full time, qualified attorney interested in pr...

Apply now

Corporate / Commercial Attorney | Lebanon, NH

USA-NH-Lebanon

Downs Rachlin Martin PLLC seeks an experienced corporate / commercial attorney to join its Lebanon o...

Apply now

Business Law Junior Associate | Burlington, VT

USA-VT-Burlington

Downs Rachlin Martin seeks associate attorney with 1-3 years of experience to join its Commercial an...

Apply now

Business Law Associate | Burlington

USA-VT-Burlington

Downs Rachlin Martin is seeking an attorney with 4 to 8 years of experience to join its very busy pr...

Apply now

Most Popular

SEARCH IN ARCHIVE

To Top