It was essentially a match of the Cravath bonus scheme, but with a slight twist….
Here’s one source’s account:
FYI, Mayer Brown announced bonuses for the NY office [last] Thursday, matching the Cravath scale, but with an unspecified hours requirement. Last year was 1600 (which sounds great except that you need to hit 2000 to get your market raise for next year); they advised we should expect it to be higher this year.
It’ll be interesting to see how much the Chicago office beats us by this year….
We discussed Mayer’s hours requirement for getting an annual raise back in this post.
Please keep us posted regarding bonus news, by email or by text (646-820-TIPS, or 646-820-8477). We’re always happy to cover bonus announcements, even if they’re a few days old, like this one.
Also, as we mentioned on Twitter, we had some email issues on Friday — so if you sent us an email on Friday and got a bounceback, you might want to resend. Thanks.