Associate Bonus Watch: Kramer Levin Announces(Bonuses Subject to 'Merit' and Hours Threshold)

A day without bonus announcements is like a day without sunshine. And for a while it looked like today was going to be one dark day — perhaps fitting, given the stock market tumble.
But Kramer Levin has come to the rescue. Check out their bonus memo, after the jump.


Here’s the bonus memo. It was distributed the old-fashioned way, in hard copy. But one of our tipsters took a camera-phone shot of it — see below.
The memo refers to an “hours threshold” that is “expected to be the same as last year.” FYI, last year’s hours threshold was 2000 hours for the sub-market bonus, and 2150 hours for the market bonus.

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