Skaddenfreude
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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. - Sponsored
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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 […]
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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 […] -
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 […] -
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 […] - Sponsored
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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. […]
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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) -
Biglaw, Bonuses, Clerkships, Money, Skaddenfreude
Clerkship Bonus Watch: Year-End Bonuses for Clerks Who Left Biglaw?
Judicial clerkships. Year-end bonuses. Two great tastes that go great together. We received some inquiries about whether clerks who leave law firms to go off and clerk might receive some kind of partial or prorated year-end bonus. It struck us as a rather obscure topic, of interest to only a small group of people. But […] -
Associate Bonus Watch 2007, Biglaw, Bonuses, Money, Skaddenfreude
Associate Bonus Watch: Simpson Thacher!!!
We have to hit the road; we’re going out of town. So this is the last you’ll hear from us in a little while. If you have new bonus announcements to pass along, please email us, or note them in the comments to this post. We will follow up when we return. But there’s no […] -
Associate Bonus Watch 2007, Biglaw, Bonuses, Money, Skaddenfreude
Associate Bonus Watch: Debevoise & Plimpton!!!
We’ve been having technical difficulties, perhaps due to heavy site traffic. We are going to lunch. But before we leave, here’s the bonus announcement of Debevoise & Plimpton. Its authenticity has been confirmed by multiple sources. In a nutshell, the firm has adopted Cravath’s bifurcated bonus model, with year-end and “special” bonuses. The numbers are […] -
Biglaw, Bonuses, Money, Skaddenfreude
Associate Bonus Watch: The Natives Are Getting Restless
We’re bored (and so are you). We’re just passing time until another major law firm announces year-end bonuses, in the wake of Monday’s Cravath announcement. In today’s New York Times, Ellen Rosen has this interesting article on law firm bonuses: Cravath, Swaine & Moore has raised the salary bar for law firm associates in Manhattan. […] -
Job Searches, Money, Music, Skaddenfreude
Nationwide Pay Raise Watch: Everyone's A Winner at One Hundred Sixty
A law firm for which we have special affection here at ATL, Nixon Peabody, has raised starting salaries to $160,000 in its Washington office. Cue the theme song! Oddly enough, this change isn’t reflected in the firm’s NALP form, which lists them at $145,000. But Nixon Peabody is advising recruits that it now pays $160K […]