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law.com - 19 days ago

As Cravath Kicks off Bonus Season, Will Clients Disapprove?

— law.com — del.icio.us Digg Reddit Facebook Google Bookmarks (more) As Cravath Kicks off Bonus Season, Will Clients Disapprove?

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blogs.wsj.com - 20 days ago

‘Tis the Season: Cravath Kicks off Associate Bonus Period

— blogs.wsj.com — We’ve turned the clocks back, the leaves are falling, and the World Series is on the brink of wrapping up. ‘Tis, in our opinion, the season of reflection and, yes, a bit of melancholy. But, traditionally speaking, it’s also the ... (more) ‘Tis the Season: Cravath Kicks off Associate Bonus Period

Andrew Sullivan

Comments vote downundo vote up Above the Law found this 20 days agofound this

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blogs.wsj.com - 18 days ago

After Cravath: What Happens Next in Bonusland?

— blogs.wsj.com — Monday’s announcement over at Cravath on associate bonuses kicked off the season in which — at least in most years — law-firm associates find their paychecks just a bit fatter. But the question on our minds: Will others follow in ... (more) After Cravath: What Happens Next in Bonusland?

Comments vote downundo vote up Above the Law found this 18 days agofound this

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This Week in Layoffs: 11.07.09
Above the Law — ... of" meant both the year in which the person graduated and started working) and $20,000 bonuses for first years. In any event, that number was pulled out of thin air by a consultant who works for law firms, so take it with a grain of salt. Still, it wasn't all bad. Last week, we closed with optimism that there were good reasons for firms to pay bonuses this year, and we were right. On Monday, Cravath announced bonuses, and late on Friday, Cleary matched. Interestingly, there has been grousing from both sides: some claimed that bonuses were ...

Cleary Matches Cravath Bonuses; Is a Trend Afoot?
ABA Journal Top Stories — Law Firms Cleary Matches Cravath Bonuses; Is a Trend Afoot? Posted 15 minutes ago By Debra Cassens Weiss Cleary Gottlieb Steen & Hamilton has announced associate bonuses ranging from $7,500 to $30,000. The amounts may sound familiar. Last week, Cravath Swaine & Moore was the first major law firm to announce bonuses , and Cleary’s bonuses match those being paid by Cravath, according to Above the Law , the Wall Street Journal Law Blog and the New York Law Journal . According to Above the Law, “the 2009 bonus market is probably going to coalesce ...