Associate Bonus Watch: MWE Says Hold Your Horses

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Prior to the Cravath bonus announcement, McDermott Will & Emery said it would be announcing bonuses later than usual this year. But now that Biglaw bonus season has been kicked off early, will they stick to their previously announced timetable?
For those of you who are interested, the MWE announcement — which was made on October 11, well before the CSM news — appears after the jump.

Sent: 10/11/07 1:00 pm

Please be advised that the Firm will announce bonuses for Associates, Income Partners, Counsel and Professional Advisers on or about December 18. This date is approximately two weeks later than our customary timetable. The reason for the change relates to the marketplace. As you know, we like to have as good a sense of the market as possible when we are compensating our people. This is an unusual year in that regard, because of the significant changes that have taken place in associate salaries. The additional time will give us a better understanding of the market, while still paying bonuses before year-end.

McDermott Will & Emery LLP

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