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salary freeze

Winston & Strawn Keeps Salaries Frozen

Winston & Strawn froze salaries last year and now it appears that the freeze is still on.  Associates received emails…

Hughes Hubbard Thaws Salaries, Issues Bonuses

Hughes Hubbard is thawing out salaries and junior associates are getting a double bump, placing them where they would have…

Salary Thaw and Bonuses at Arnold & Porter

At the start of 2009 Arnold & Porter announced that it was freezing salaries but held out the hope that…

Mayer Brown Bonuses Match Cravath

Mayer Brownassociates got the news on Christmas Eve - the firm is matching the Cravath bonus scale. $7500 for first…

Salary Thaw and Bonuses at Hogan & Hartson

First a little background: Hogan & Hartson pays associates on a two tier system, where associates can choose to receive…

Salary Thaw at Akin Gump

Akin Gump has lifted its salary freeze and is planning to pay out bonuses, according to a memo sent out…

Morning Roundup

Good morning everyone! As we wind our way closer to Christmas, we'll continue to bring you what news there is,…

Kelley Drye Trifecta – Abandon Lockstep, Freeze Salaries, Pay Bonuses

In a firm wide email sent out yesterday, Kelley Drye managed to fold what would typically be three different stories…

Stroock Pays Bonuses, Lifts Salary Freeze

Stroock is handing out bonuses this year, and like so many before them, they're paying on the Cravath schedule. That…

Seyfarth Shaw Abandons Lockstep

Like many firms before it, Seyfarth Shaw is abandoning lockstep starting in 2011. Details haven't been released, not even to…

WilmerHale Ditches Lockstep

WilmerHale is abandoning lockstep compensation and adopting a merit based three tiered system that should look familiar to anyone that's…

More Bonus News – And it’s a Little Different

Two more firms have announced their bonus schedules and they're a bit different from the Cravath scale. Sullivan & Cromwell…