Associate Bonus Watch 2010, Biglaw, Bonuses, Curtis, Mallet-Prevost, Colt & Mosle, Money

Associate Bonus Watch: Curtis Mallet Matches Cravath (With a Little Sweetener for Some)

Bonus news is out at Curtis, Mallet-Prevost, Colt & Mosle. Basically the firm matched the Cravath scale. “Totally expected and acceptable,” said a contented Curtis associate, “since hours aren’t terrible and people (generally) don’t hate their lives.”

It was “basically” a Cravath match, because even Curtis — which only has around 200 lawyers, and which “tends to round out the bottom of the Am Law 200,” in the words of a Curtis source — was slightly more generous than Cravath and all the CSM followers, at least to certain top performers….

For the most part, Curtis is a lockstep firm. Its base salary scale is the standard NYC lockstep — $160K, $170K, $185K, etc. — and its bonuses are generally paid on a lockstep basis too.

But this year, in addition to matching the standard Cravath scale on a lockstep basis, Curtis is paying $5,000 discretionary bonuses to associates who demonstrated “exceptional performance.” It’s not a huge amount — David Boies isn’t quaking in his black sneakers — but it’s something.

“Doesn’t say much for the ‘big boys,'” said our Curtis tipster. “What’s the conversion rate for prestige points again?”

Earlier: Associate Bonus Watch 2010

Want all the latest bonus news delivered directly to your inbox?

Enter your email address to sign up for ATL's Bonus Alerts.

14 comments
(hidden for your protection)

comments sponsored by

Show all comments