Dechert informed its U.S. associates Monday that bonuses would be paid for 2009 across the country and salaries would not be frozen or cut for 2010 in all but two of the firm's offices. The bonuses, though lower than those for 2008, are in line with what market-setting Cravath Swaine & Moore announced in November. A Dechert memo said all associates "who were reasonably busy during 2009 and who were evaluated as performing well and progressing in accordance with the firm's expectations" will get bonuses.
January 05, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Dechert informed its U.S. associates Monday morning that bonuses would be paid for 2009 across the country and salaries would not be frozen or cut for 2010 in all but two of the firm’s offices.
Dechert’s bonuses for 2009, though lower than those paid out for 2008, are in line with what market-setting Cravath Swaine & Moore announced in November.
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