In terms of the Above the Law publishing schedule, it would have been nice for firms to spread out their springtime bonus announcements. Then we’d have spring bonus posts to write up throughout the entire week. In case of emergency, break glass; in case of slow news day, write spring bonus post.
And this afternoon brings spring bonus news from Debevoise & Plimpton. Congratulations, Debevoise associates; now you can spring for Château Margaux at your Valentine’s Day dinners.
The memo, plus a quick summary of which firms have paid spring bonuses at which levels, after the jump.
Paying bonuses on the (higher) Cravath scale:
Paying bonuses on the (lower) S&C scale:
DEBEVOISE & PLIMPTON — MEMORANDUM — 2011 SPRING BONUSES
We are pleased to announce that U.S.-based associates in good standing will receive spring bonuses this year in the following amounts:
Class of 2010: $ 2,500
Class of 2009: $ 7,500
Class of 2008: $10,000
Class of 2007: $15,000
Class of 2006 and senior classes: $20,000
The bonus will be paid on April 20, 2011 to associates employed at the firm on that date and will be subject to the usual pro-rations for part-time schedules, periods of unpaid leave and arrivals at the firm after January 1, 2011.
We very much appreciate your hard work and many contributions which are critical to the excellent service and commitment that our clients expect.
For All Partners
Earlier: Springtime Bonus Watch 2011