Associate Bonus Watch: Cadwalader And Proskauer Ante Up

We've got bonus news from two more firms; did they beat the market or fall in line?

CADWALADER WICKERSHAM & TAFT — MEMORANDUM — 2013 BONUSES

On behalf of the Partners, I am pleased to announce that year-end bonuses for qualified Counsel, Special Counsel and Associates will be as follows:

Class of 2013: $10,000 (pro-rated)
Class of 2012: $10,000
Class of 2011: $14,000
Class of 2010: $20,000
Class of 2009: $27,000
Class of 2008: $34,000
Class of 2007: $40,000
Class of 2006: $50,000
Class of 2005 and senior: $60,000

Attorneys who were with the Firm for only part of the year or worked part-time will be eligible for a pro-rated bonus. Bonuses for Senior Attorneys will be determined on an individual basis and communicated separately. Bonuses will be paid in the first pay period in February 2014.

On behalf of the Partners, I thank you for your many contributions to the Firm and our clients, and I wish you and your families a very Happy Holiday Season.

Chris White


Sponsored

PROSKAUER ROSE — INTRAOFFICE MEMORANDUM — 2013 YEAR-END BONUSES

We are pleased to announce our year-end associate bonuses for 2013.

The bonus amounts for each class are set forth below.

Class of 2013 $10,000 (pro rated)

Class of 2012 $10,000

Sponsored

Class of 2011 $14,000

Class of 2010 $20,000

Class of 2009 $27,000

Class of 2008 $34,000

Class of 2007 $40,000

Class of 2006 $50,000

Class of 2005 $60,000

Bonuses for associates beyond the class of 2005 will be determined on an individual basis. Bonuses will be pro rated for those on reduced schedules or approved leaves and for those who joined after January 1, 2013. Bonuses will be paid on December 23, 2013 to associates employed at the Firm and in good standing on that date.

We are proud of the quality of the work you have done during the year; your dedicated service to our clients; the distinguished manner in which you represent the Firm; and the enthusiasm you bring on a daily basis. On behalf of the entire partnership, we thank you for contributing to the Firm’s continued success and serving as the foundation of our bright future.

We wish you the happiest of holidays with family and friends.

Earlier: Associate Bonus Watch: Cadwalader Matches Cravath
Associate Bonus Watch: Proskauer Rose Matches Cravath


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