Cravath unveils 2010 bonuses; Citi says US market flat but costs down
Cravath Swaine & Moore has released the details of its year-end associate bonuses, becoming the first major US firm to reveal its hand this year, reports The Am Law Daily. The awards, which will be paid out on 10 December, range from $7,500 (£4,700) for associates that started with the firm in 2009 to $35,000 (£21,900) for the most senior associates. This year's bonus scale is roughly the same as last year's. Most junior associates will again receive $7,500. On the other hand, seventh-year associates this year will get $5,000 (£3,100) more than lawyers at the same level got last year.
Cravath Swaine & Moore has released the details of its year-end associate bonuses, becoming the first major US firm to reveal its hand this year, reports The Am Law Daily.
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