New York leader Simpson Thacher & Bartlett is to follow Cravath Swaine & Moore by paying associates and counsel a one-off bonus of up to $65,000 (£31,400), as another Manhattan pay war seems set to gather pace. The special bonus sees junior associates at Simpson Thacher bag up to $35,000 (£16,900), with senior associates pocketing between $50,000 (£24,100) and $65,000. The payment comes in addition to the usual end-of-year bonus.
November 01, 2007 at 10:34 AM
1 minute read
The original version of this story was published on Legalweek
New York leader Simpson Thacher & Bartlett is to follow Cravath Swaine & Moore by paying associates and counsel a one-off bonus of up to $65,000 (£31,400), as another Manhattan pay war seems set to gather pace.
The special bonus sees junior associates at Simpson Thacher bag up to $35,000 (£16,900), with senior associates pocketing between $50,000 (£24,100) and $65,000. The payment comes in addition to the usual end-of-year bonus.
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