Paul Weiss, Debevoise, Davis Polk, Paul Hastings and Cleary Match Bonuses in US
Despite being 'terrified" of the unknown heading into 2023, according to one top firm leader, more law firms began announcing they are matching the scale set by Cravath and Baker McKenzie.
December 02, 2022 at 11:19 AM
4 minute read
The original version of this story was published on The American Lawyer
After a slow start in Big Law this week in announcing year-end bonuses for associates, major law firms became falling in line, with several on Thursday and Friday matching the bonus scale set last week by others.
The latest firms to match bonus scales, starting at $15,000 and $20,000 for junior associates and up to $115,000 for the most senior associates, include Paul, Weiss, Rifkind, Wharton & Garrison; Davis Polk & Wardwell; Debevoise & Plimpton; Milbank; Willkie Farr & Gallagher; Cleary Gottlieb Steen & Hamilton; Fried, Frank, Harris, Shriver & Jacobson; Paul Hastings; Baker Botts; and Hogan Lovells.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllBig Law Heavyweights Wrestle in High-Stakes Sale of Venezuela’s Citgo
Clifford Chance Further Modifies Lockstep to Better Reward Top Performers
2 minute readLaw Firms Mentioned
Trending Stories
- 1Nondisparagement Clauses in Divorce: Balancing Family Harmony and Free Speech
- 2Survey Finds Majority of Legal Professionals Still Intimidated by AI Despite Need to Streamline Mounting Caseloads
- 3Lessons From Five Popular Change Management Concepts: A Guide for Law Firm Leaders in 2025
- 4People in the News—Jan. 15, 2025—Ballard Spahr, Brahin Law
- 5How I Made Office Managing Partner: 'Stay Focused on Building Strong Relationships,' Says Joseph Yaffe of Skadden
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250