Associate Bonus Watch: Davis Polk Matches Cravath
Bonuses have just been announced at Davis Polk. The firm has decided to match the Cravath scale.
This may be disappointing, but it honestly shouldn’t be shocking. Davis Polk may be a market leader when it comes to beautiful offices or beautiful associates, but historically it has been cheap hasn’t led the way on associate compensation.
Despite the lack of surprise, early reactions to the DPW bonus news seem… unfavorable. It’s not normal to see a Davis Polk lawyer use his or her temper, but some associates are clearly upset.
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Let’s check out what they have to say, shall we?
Here is a random sampling from our sources:
“Memo just sent. They matched the Cravath numbers… boo!!!”
“Please write about how cheap and embarrassing this is.”
“Will you please give them flak for being a punch of pansies?”
“DPW is pleased to announced that [you will take the same s***ty bonuses Cravath got]. As if morale in this place hadn’t already been in a nosedive.”
“Ugh.”
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In happier news, we’re hearing good things about bonuses at Sidley Austin. Feel free to email us with any info.
Earlier: Davis Polk’s Website Makeover: Now With Way More Hotties!
Associate Bonus Watch 2010