After doubling the bonuses of Cravath, Swaine & Moore last year, Skadden, Arps, Slate, Meagher & Flom will match Cravath (and Cleary Gottlieb Steen & Hamilton) by giving out a bonus that represents a sharp cut for younger associates. The news was first reported Thursday at The Wall Street Journal‘s Law Blog, and sources at Skadden confirmed the accuracy of that report.

The bonuses will go as follows:

This content has been archived.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

Why am I seeing this?

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]