Associate Bonus Watch: Mayer Brown (NY) Matches
We haven’t received the official memo, but sources report that Mayer Brown (New York) has matched the Cravath scale for 2009 bonuses. A tipster simply reports:
Mayer Brown New York announced cravath bonuses today
That’s good news for the New Yorkers at the firm.
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But for our tipster, wow, way to yawn about free money. You’re like the nutcracker that gets pissed about getting nuts for Christmas. (Sorry, those commercials are really annoying here in NYC.)
Perhaps the reason for the tipster’s ennui is that Mayer Brown hasn’t said anything about 2010 salaries yet. Details after the jump.
Mayer Brown froze salaries last year, and they haven’t announced that they’ll be doing anything different in the new year:
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Notably they said nothing about 2010 salaries so still frozen. Most frustratingly this means a corporate first year who likely billed less than 1000 hours will make only $2500 less than a litigation second year who billed more than 2000 hours. And they’ll still be making equal base salary next year.
Well, sure, Mayer Brown hasn’t announced a pay raise. But the firm hasn’t announced a dreaded second salary freeze either.
It’s Christmastime, have some hope. Mayer Brown could still thaw out.
If you have news about other Mayer Brown offices, please let us know.
Earlier: Salary Thaw Structure: A Chart!
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