After a turbulent year, Dechert will be handing out associate bonuses at market rate.
According to a memo to associates from firm Chairman Barton J. Winokur, which was posted on the legal blog Above the Law, the firm will pay base bonuses starting at $17,500 for Class of 2007 associates and increasing in $2,500 increments per year up to $32,500 for Class of 2001 and Class of 2000 associates who have 1,950 billable, pro bono and nonbillable hours.
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