Cleary Gottlieb Steen & Hamilton on Friday announced associate bonuses with rates that were at most half what the firm paid its most junior lawyers last year.
The Cleary bonuses matched levels announced last week by Cravath, Swaine & Moore.
Cleary Gottlieb Steen & Hamilton on Friday announced associate bonuses with rates that were, at most, half what the firm paid its most junior lawyers last year. Associates going into their second year in January will earn $7,500, down from $17,500. The most senior associates will earn $30,000, the same as in 2008. Cleary is only the second major firm so far to announce bonuses this year, with its bonuses matching levels announced last week by Cravath, Swaine & Moore.
November 09, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Cleary Gottlieb Steen & Hamilton on Friday announced associate bonuses with rates that were at most half what the firm paid its most junior lawyers last year.
The Cleary bonuses matched levels announced last week by Cravath, Swaine & Moore.
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