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Cravath Bonuses for Law Firm Associates Remain Unchanged | Tony Seruga
Nov
28

Cravath Bonuses for Law Firm Associates Remain Unchanged

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The prominent Wall Street law firm Cravath, Swaine & Moore has splashed some cold water on those still hoping for higher year-end bonuses.

The firm — a trendsetter when it comes to pay for big law firms — disclosed on Monday in an internal firm memo that bonuses for its associates would be $15,000 to $100,000 — the same range as in 2015.

Shortly after Cravath’s bonus scale became public, two major law firms matched the amounts. They are Milbank Tweed Hadley & McCloy and Paul, Weiss, Rifkind, Wharton & Garrison…

Cravath Bonuses for Law Firm Associates Remain Unchanged

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