New York associates' bonus season opened Friday when Milbank, Tweed, Hadley & McCloy announced it would pay bonuses ranging from $30,000 for first-years to $65,000 for senior associates. Cadwalader Wickersham & Taft announced the same range Monday, while Cravath, Swaine & Moore announced a bonus ranging from $30,000 for first-years to $60,000 for senior associates. The bonuses, the same as the firms paid in 2005, cap a year in which most major New York firms raised base salaries by $20,000 across the board.
December 13, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Bonus season for New York associates opened Friday night when Milbank, Tweed, Hadley & McCloy announced it would pay bonuses ranging from $30,000 for first-years to $65,000 for senior associates.
Cadwalader Wickersham & Taft on Monday announced the same range.
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