Bloomberg Law
December 12, 2017, 1:16 PM UTC

Wake Up Call: Eyeing Recruits, Boutiques Exceed Cravath Bonus Scale

• Looking for an edge as they recruit top talent, several boutique law firms have announced associate bonuses equaling or exceeding the market standard recently set by Cravath, which ranges from $15,000 to $100,000. Houston-based litigation boutique Susman Godfrey, which vowed to blow the Cravath scale “out of the water,” said its year-end bonuses for partnership-bound associates will span from $45,000 to $170,000, with two associates getting total bonuses topping $220,000. ( American Lawyer ) ( Above The Law )

• Locke Lord elected David Taylor, currently managing partner of its Houston office, to become the firm’s chairman Jan. 1. A corporate ...

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