Associate Bonus Watch: Mayer Brown
Mayer Brown has wished its NYC associates a merry Christmas Eve with bonuses matching the New York market (a.k.a. the Cravath/half-Skadden model).
Our tipster tells us there is no official word as to pay raises for 2009.
This announcement comes a month after Mayer announced layoffs of 33 attorneys, as well as administrative staff. Our tipster says rumors are making the rounds at Mayer of further layoffs in 2009.
Profit Powerhouse: Elevating Law Firm Financial Performance
Merry Christmas?
Full bonus memo after the jump.
Earlier: Nationwide Layoff Watch: Mayer Brown Update
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