Credit: SkyLine/stock.adobe.com Clifford Chance Matches US Rivals for Associate Special Bonuses
The firm is paying bonuses of up to $64,000 to U.S. associates, depending on their seniority level.
March 31, 2021 at 11:02 AM
2 minute read
Clifford Chance has matched a special associate bonus pay scale set by Davis Polk & Wardwell and is set to hand out payments of between $12,000 to $64,000 to U.S. associates.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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