Sullivan & Cromwell on Monday became the latest firm to match the bonus range announced last week by Cravath, Swaine & Moore, which said it would pay both year-end and one-time "special" bonuses to associates totalling $45,000 for first-years and going up to $110,000 for senior associates. Several other firms have also matched the Cravath bonus, including Simpson Thacher & Bartlett; Debevoise & Plimpton; Davis Polk & Wardwell; Milbank, Tweed, Hadley & McCloy; and Paul, Weiss, Rifkind, Wharton & Garrison.
Sullivan & Cromwell Is Latest Firm to Match Bonuses
New York Law Journal
November 7, 2007