Cravath, Swaine & Moore kicked off associate bonus season Monday, announcing extra payments ranging from $10,000 to $60,000 that are identical to the stipends the firm awarded in 2012, according to an internal firm memo obtained by The Am Law Daily, a Law Journal affiliate.
If history is any guide, the next few weeks will bring a flurry of announcements from other Am Law 100 firms, which typically wait to award their bonuses until Cravath has set the standard. Cravath associates learned about their bonuses in a late-afternoon email.
This content has been archived.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
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
