Milbank Tweed Hadley & McCloy on Wednesday sent associates off on their Thanksgiving weekend with bonuses that matched the rates Cravath, Swaine & Moore announced Monday.
Associates will receive bonuses of $7,500 to $35,000 depending on their class year, according to a memo released by the firm. The bonus announcement came a day after Skadden, Arps, Slate, Meagher & Flom announced bonuses of the same amounts and added further evidence that the market rate was settling on the rates announced by Cravath.
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