Bloomberg Law
Nov. 20, 2018, 12:28 PM UTC

Wake Up Call: Cravath Starts Year-end Bonus Season a Week Early. Paul Weiss Follows.

  • Cravath yesterday kicked off the end-of-the-year bonus season for associates a week early, announcing it will keep the scale it has used in recent years. Paul Weiss quickly matched the scale, which ranges from first-year associates getting $15,000 to class-of-2010 senior associates getting $100,000, and other elite firms are sure to follow. The bonuses, to be paid Dec. 14, are on top of big associate salary increases earlier this year, in which Cravath matched salaries set by Milbank for its junior associates and bumped up salaries for midlevel and senior associates. (Above The Law) (New York Law ...

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