Two more New York law firms have followed Cravath, Swaine & Moore in announcing year-end and one-time special bonuses for associates. The year-end bonuses announced by Debevoise & Plimpton and Simpson Thacher & Bartlett were the same as both firms paid last year but the special bonus is a new wrinkle that Cravath introduced Monday as a means of rewarding associates for the firm's strong year.
November 02, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Two more New York law firms have followed Cravath, Swaine & Moore in announcing year-end and one-time special bonuses for associates.
Debevoise & Plimpton and Simpson Thacher & Bartlett both said Wednesday they would pay year-end bonuses ranging from $35,000 for first-years to $65,000 for senior associates, as well as a special bonus ranging from $10,000 to $50,000.
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