Davis Polk & Wardwell has become the latest firm to announce US associate bonuses, with the firm opting to match rates first set by Wall Street rival Cravath Swaine & Moore last month, writes The Am Law Daily. Like Cravath, Davis Polk's bonus scale starts at $7,500 (£4,800) for those in the class of 2010 and increases incrementally to $37,500 (£24,200) for the class of 2004, according to an announcement sent out to the firm's associates on Monday (12 December).
December 16, 2011 at 05:16 AM
1 minute read
The original version of this story was published on Legalweek
Davis Polk & Wardwell has become the latest firm to announce US associate bonuses, with the firm opting to match rates first set by Wall Street rival Cravath Swaine & Moore last month, writes The Am Law Daily.
Like Cravath, Davis Polk’s bonus scale starts at $7,500 (£4,800) for those in the class of 2010 and increases incrementally to $37,500 (£24,200) for the class of 2004, according to an announcement sent out to the firm’s associates on Monday (12 December).
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