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




 

RELEVANT JOBS

Medical Malpractice Attorney

USA-CO-Denver

Hall & Evans, LLC, one of Denver\'s most recognized and respected law firms, is continuing its expan...

Apply now

Litigation Associate Attorney

USA-CO-Denver

Hall & Evans, L.L.C., one of Colorado\'s most established law firms, currently has an opportunity fo...

Apply now

Law Firm Office & Billing Administrator

USA-NY-New York City

The Law Offices of Patrick A. Mullin is a boutique tax defense and white-collar criminal defense law...

Apply now

Legal Secretary

USA-LA-New Orleans

A New Orleans litigation law firm is seeking an experienced Legal Assistant / Legal Secretary to und...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Senior Real Estate Partner-level Attorney

USA-NY-New York City

New York City office of a BCG Attorney Search top ranked law firm seeks Senior Real Estate Partner-l...

Apply Now

Senior Staff Products Liability and Mass Torts Attorney

USA-CA-Los Angeles

Los Angeles office of our client seeks Senior Staff Products Liability and Mass Torts Attorney with ...

Apply Now

Partner-level Products Liability, Consumer Class Actions Attorney

USA-CA-Los Angeles

Los Angeles office of our client seeks Partner-level Products Liability, Consumer Class Actions Atto...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top