More law firms have said they will give associates a "special" one-time bonus in addition to the traditional year-end bonus. Shearman & Sterling and Fried, Frank, Harris, Shriver & Jacobson say their special bonuses will range from $10,000 to $50,000, while class-year bonuses will range from $35,000 to $65,000. Cravath, Swaine & Moore was the first firm to announce its bonus plan, saying it would pay associates the two bonuses totaling $45,000 for first-years and going up to $110,000 for senior associates.
November 12, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Three additional law firms have announced their intention to give associates a “special” one-time bonus in addition to the traditional year-end bonus.
Shearman & Sterling and Fried, Frank, Harris, Shriver & Jacobson both said last week that their special bonuses will range from $10,000 to $50,000, while class-year bonuses will range from $35,000 to $65,000.
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