Money
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Associate Bonus Watch 2007, Biglaw, Bonuses, Money, Skaddenfreude
Associate Bonus Watch: Weil Announces Special Bonuses
Weil has announced special bonuses, to be paid at the end of this month, and year-end bonuses, which “will be paid at market to associates receiving an ‘Overall Strong’ rating and will be above market for associates receiving a ‘Distinguished’ rating in class years 2003 and above.” Memo after the jump. -
Associate Bonus Watch 2007, Biglaw, Bonuses, Money, Skaddenfreude, White & Case
Associate Bonus Watch: White & Case Matches
White & Case has announced special and year-end bonuses for its New York associates and counsel. They are at market levels, and will be paid to associates “who are performing at or above the level expected by the Firm.” Memo after the jump. - Sponsored
Generative AI In Legal Work — What’s Fact And What’s Fiction?
Zach Warren from the Thomson Reuters Institute discusses the potential and the pitfalls. -
Associate Bonus Watch 2007, Biglaw, Bonuses, Money, Skaddenfreude
Associate Bonus Watch: Clifford Chance Matches(For the Survivors)
Yesterday we wondered: “[A]re associate bonuses and layoffs just two sides of the same coin?” The answer, at least at Clifford Chance, would appear to be yes. Just one day after announcing layoffs (of admittedly small scale — six associates), CC has announced year-end and special bonuses. The bonuses are at market levels and not […]
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Aaron Charney, Biglaw, Gay, Money, New York Observer, Shameless Plugs
Just How Far Did S&C 'Bend Over' for Aaron Charney?
The settlement of the litigation between Aaron Charney and Sullivan & Cromwell is not even two weeks old, but we miss the case already. So that’s why we decided to write about the case for our column in this week’s New York Observer: So exactly how much did it cost Sullivan & Cromwell to make […] -
Associate Bonus Watch 2007, Biglaw, Bonuses, Money, Skaddenfreude
Associate Bonus Watch: Fried Frank
Fried Frank has announced year-end and special bonuses for its associates and special counsel in its New York office. The numbers are consistent with those previously announced by other firms. But whether this is a true market match is unclear, since the firm is a bit vague with respect to what percentage of associates will […] -
Associate Bonus Watch 2007, Biglaw, Bonuses, Money, Skaddenfreude
Associate Bonus Watch: Skadden Matches (We Think)(And Not Just In New York)
Skadden associates were notified of their bonuses by emails to individual classes, so we have no global memo confirming the numbers up and down the ladder. But we have confirmation of the year-end and special bonus matches for the classes of 2007, 2005, and 2004. Developing… Check back for updates. Several updates, after the jump. -
Associate Bonus Watch 2007, Biglaw, Bonuses, Money, Skaddenfreude
Associate Bonus Watch: Sullivan & Cromwell Matches (and More)
Apologies for the delay. The bonus announcement of Sullivan & Cromwell was made by firm chairman H. Rodgin Cohen at 5:10 p.m. today, but it took us a few hours to get our hands on the memo. For associates in the class of 2007 through the class of 2004, S&C is paying the standard year-end […] -
Associate Bonus Watch 2007, Biglaw, Bonuses, Money, Skaddenfreude, Weirdness
Associate Bonus Watch: Quinn Emanuel Mixes It Up
One of our favorite firms here at ATL, Quinn Emanuel, has announced bonuses. And in true QE fashion, they’re doing things a little differently (which is why we like them so much — they keep things interesting). Their year-end bonuses are standard, but their “special” bonuses are, well, special. In some ways, the Quinn scheme […] - Sponsored
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Associate Bonus Watch 2007, Biglaw, Bonuses, McKee Nelson, Money, Skaddenfreude
Associate Bonus Watch: McKee Nelson Matches Announces
The firm of McKee Nelson — which has been having some issues, thanks to the credit crunch, but is making valiant efforts to deal with them — just announced its standard bonus scale. It is availing itself of the fig leaf provided by Cravath’s bifurcated bonus scheme: it’s not paying “special” bonuses, just regular year-end […] -
Biglaw, Cheapness, Money, Nauseating Things, Wal-Mart
Why You Shouldn't Work for Wal-Mart(Or Buy Flip-Flops from Them Either)
We realize we’re late to the party on this one. The WSJ Law Blog wrote about it last week. We linked to it today in Morning Docket, but based on the email we’ve received about it, clearly many of you have more to say about it. News flash: Wal-Mart is cheap. From the WSJ Law […] -
Associate Bonus Watch 2007, Biglaw, Bonuses, Money, Skaddenfreude
Associate Bonus Watch: Shearman & Sterling Matches
Friday was a busy day for associate bonus announcements. We reported bonus news from Cleary, Willkie, Cahill, and Dewey & LeBoeuf. But we didn’t get everyone. Apparently Shearman & Sterling also announced on Friday afternoon. (But we didn’t get the memo until the weekend — please, people, we know you can do better.) Memo after […] -
Associate Bonus Watch 2007, Bonuses, Dewey & LeBoeuf, Money, Skaddenfreude
Associate Bonus Watch: Dewey & LeBoeuf Matches
The two-headed monster has matched. Memo’s after the jump. -
Associate Bonus Watch 2007, Bonuses, Money, Skaddenfreude, Willkie Farr
Associate Bonus Watch: Willkie Matches
And the bonus news just keeps rolling in. Willkie Farr has matched. The memo: From: The Executive Committee Sent: Friday, November 02, 2007 4:51 PM To: ASSOCIATES – NY; ASSOCIATES – DC Cc: PARTNERS – NY; PARTNERS – DC Subject: Associate Bonuses The Executive Committee is pleased to announce the following year end bonuses for […]
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Associate Bonus Watch 2007, Biglaw, Bonuses, Money, Skaddenfreude
Associate Bonus Watch: Cahill Matches
Cahill Gordon & Reindel has matched, but won’t pay until January 2008. From the memo: MEMORANDUM TO COUNSEL, SENIOR ATTORNEYS AND ASSOCIATES November 2, 2007 We are pleased to announce that our regular and special merit bonuses for 2007 for associates in good standing at December 31, 2007 will be as follows: Class Regular Bonus […] -
Associate Bonus Watch 2007, Biglaw, Bonuses, Money, Skaddenfreude
Associate Bonus Watch: Cleary Matches
We would’ve had this up a few minutes ago, but the technical difficulties that Lat mentioned yesterday are still lurking around. Bring on the new fancy servers. At any rate, Cleary Gottlieb has matched, and the memo is after the jump. -
Midsize Firms / Regional Firms, Money, Skaddenfreude
AGG Draws a Line in the Sand
The Atlanta firm Arnall Golden Gregory is refusing to match the recent round of raises to $145,000 for first year associates by Alson & Bird and several other competitor firms. They put a lot of thought into the decision: AGG matched the February increase on March 1. Ever since, Kitchens said, he and his partners […] -
Midsize Firms / Regional Firms, Money, Skaddenfreude
AGG Draws a Line in the Sand
The Atlanta firm Arnall Golden Gregory is refusing to match the recent round of raises to $145,000 for first year associates by Alson & Bird and several other competitor firms. They put a lot of thought into the decision: AGG matched the February increase on March 1. Ever since, Kitchens said, he and his partners […] -
Associate Bonus Watch 2007, Biglaw, Bonuses, Money, Skaddenfreude
Associate Bonus Watch: Milbank Matches
We’ve had this news for a while, but technical difficulties prevented us from posting on the main page. We did note it in the comments. Milbank has matched. Memo after the jump. Due to the aforementioned technical difficulties — we’re switching to new servers later this month, thankfully — we’re signing off for the day. […] -
Associate Bonus Watch 2007, Biglaw, Bonuses, Money, Skaddenfreude
Associate Bonus Watch: Davis Polk Matches
All the beautiful people over at Davis Polk can still afford their gym memberships and spa treatments. DPW just matched market in terms of bonuses. Davis is paying the standard year-end bonuses, topping out at $65K, and special bonuses, to be paid on November 26. Bonuses for counsel will be determined individually. Memo after the […] -
Associate Bonus Watch 2007, Biglaw, Bonuses, Money, Skaddenfreude
Associate Bonus Watch: Paul Weiss Matches
Paul Weiss has matched. The year-end bonuses top out at $65,000 (like Debevoise and Simpson, and unlike Cravath). The special bonuses will be paid out on November 21. Bonuses for counsel TBD. Earlier: Associate Bonus Watch 2007 archives (scroll down)