Associate Bonus Watch: Paul Weiss Matches Cravath
Paul Weiss, Cravath's peer firm in terms of profitability, matched the Cravath bonuses.
PAUL WEISS RIFKIND WHARTON & GARRISON — MEMORANDUM — 2012 BONUSES
To: All Associates and Counsel
Subject: 2012 Bonuses
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From: Brad S. Karp
Thank you for your extraordinary work and dedication this year on behalf of our clients. Below is a schedule of 2012 associate bonuses by class.
Class Year — Bonus
2012 — $10,000 (pro rated)
2011 — $10,000
2010 — $14,000
2009 — $20,000
2008 — $27,000
2007 — $34,000
2006 — $40,000
2005 — $50,000
2004 and senior — $60,000
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Counsel bonuses will be announced separately. All bonuses will be paid on December 21.
On behalf of the partners, I thank each of you for your professionalism, and wish you and your families a happy, healthy and peaceful holiday season.
B.S.K.
Earlier: Departure Memo of the Day: ‘Here’s To The Crazy Ones’
Breaking: Cravath Announces Year-End Bonuses; Let the 2012 Bonus Season Begin!
Associate Bonus Watch: Paul Weiss Matches
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