Spring Bonuses
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Associate Bonus Watch 2010, Biglaw, Bonuses, Money
Associate Bonus Watch: Latham Announces Spring Bonuses!
On Tuesday night, we gently tweaked a number of leading law firms, including Latham & Watkins, about their conspicuous silence on spring bonuses. This morning, in a post about Latham’s new Boston office, we reiterated the spring bonus tweaking. Well, it seems that Latham got the message. The firm just announced spring bonuses, on the […] -
Associate Bonus Watch 2010, Biglaw, Bonuses, Cheapness, Money
Spring Bonus Stragglers: Open Thread
I’ve been trying to be nice. I’ve been trying to be positive. I’ve been trying to adopt a new, sunny, smoke-free attitude that assumes certain top firms will do the right thing by their associates and announce spring bonuses along the lines of Cravath, Sullivan & Cromwell, and a bunch of other top-tier firms. Just […] - Sponsored
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In this CLE-eligible webinar, we’ll explore the most common accounting pitfalls and how to avoid them for your firm. -
Associate Bonus Watch 2010, Biglaw, Bonuses, Dewey & LeBoeuf, Money
Associate Bonus Watch: Good News from Dewey & LeBoeuf
Bonus news is starting to look like something we’ll be having all year long. Today, Dewey & LeBoeuf announced via teleconference that the firm will be paying out “spring bonuses,” along the top-of-the-line Cravath scale. These are on top of the regular Dewey bonuses that are being paid on April 1st. Most of the other […]
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Associate Bonus Watch 2010, Biglaw, Bonuses, Howrey LLP, Money, Partner Issues, Partner Profits
Associate Bonus Watch: Seyfarth Shaw
This week, Seyfarth Shaw announced the arrival of two construction litigators from Howrey, David Mancini and James Newland Jr. The two partners have been on the Seyfarth website for a while, as we noted last week, but Seyfarth made it official on Monday with a press release. The other big news this week at Seyfarth: […] -
Associate Bonus Watch 2010, Associate Salaries, Biglaw, Bonuses, Money
Associate Bonus Watch: Winston & Strawn(And an additional issue about base salaries.)
As we’ve explained before, we want to hear about your law firm’s bonus news, even if it’s old. As long as we haven’t written it up yet, please consider it fair game. (Use our site search box in the upper-right-hand corner, or scroll through our Associate Bonus Watch archives, to see which announcements we’ve already […] -
Associate Bonus Watch 2010, Associate Salaries, Biglaw, Bonuses, Money
Associate Bonus Watch: McDermott Will & Emery's Good News
Earlier this week, associate bonuses were announced at McDermott Will & Emery. We’ve heard about the news from multiple McDermott sources — and, without exception, all expressed happiness with their bonuses. “McDermott essentially matched market for average billers and beat market for above average billers,” said one source. “They also combined year-end and spring bonuses, […] -
Associate Bonus Watch 2010, Associate Salaries, Biglaw, Bonuses, Intellectual Property, Money
Associate Bonus (and Salary) Watch: Fish & Richardson
A day without bonus news is a day without sunshine. We wouldn’t let this Monday pass without giving you some new compensation information to wrap your heads around. Today’s bonus news comes from the prominent intellectual-property firm of Fish & Richardson. Fish’s approach to associate compensation is closely watched by other IP shops, so we […] -
Associate Bonus Watch 2010, Biglaw, Bonuses, Money
Associate Bonus Watch: Paul Hastings Consolidates Regular and Spring Bonus News Into One Money Orgy Announcement
Paul Hastings is throwing cash around. At least, that’s the impression it’s trying to give off. Unlike the firms that announced regular bonuses back in December and spring bonuses in the new year, Paul Hastings held off on a December bonus announcement and is only now coming out with its full bonus package. And Paul […] - Sponsored
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Associate Bonus Watch 2010, Biglaw, Bonuses, Money
Associate Bonus Watch: WilmerHale Jumps Into Merit-Based Spring Bonuses
Here we go. Spring bonuses are making now making their way into firms that are not strict lockstep firms. They’re making their way into firms that are not predominately based in New York City. They’re making their way everywhere. Yay. If you will allow me to channel my inner Oprah: you get a spring bonus, […] -
Associate Bonus Watch 2010, Biglaw, Bonuses, Money
Associate Bonus Watch: Cleary Raises to Cravath Spring Bonus Scale
This news shouldn’t come as a shock, since all the cool kids are doing it. But for the record, Cleary Gottlieb will be paying spring bonuses, following the top-of-the-market Cravath scale. Cleary had previously announced spring bonuses on the Sullivan & Cromwell scale. In fact, CGSH was one of the first firms to follow S&C’s […] -
Associate Bonus Watch 2010, Biglaw, Bonuses, Money
Associate Bonus Watch: Fried Frank Grills Up Spring Bonuses
Spring bonus news seemed to slow down last week. But New York firms are still having their feet held to fire of spring payments. On Friday afternoon, Fried Frank announced that it would be joining the spring bonus parade. Fried Frank will be matching the Cravath scale for spring bonuses. I hate to bring this […] -
Associate Bonus Watch 2010, Bonuses
Associate Bonus Watch: Shearman & Sterling Matches Spring Bonuses
Either your New York firm is paying spring bonuses, or your firm is counting on you being too much of a beta to leave. Today Shearman & Sterling announced that it will be paying spring bonuses, and the bonuses will match the Cravath scale for the spring payout. As with other firms, the Shearman’s spring […] -
Associate Bonus Watch 2010, Bonuses
Associate Bonus Watch: Linklaters Links Spring Bonuses to the S&C Scale, Not Cravath's
This is a little bit surprising. Not that Linklaters matched spring bonuses. We’re getting to the point that pretty much every firm that wants to be taken seriously is going to have to match spring bonuses. No, the weird thing is that Linklaters matched the lower level of spring bonuses set by Sullivan & Cromwell, […]
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Associate Bonus Watch 2010, Biglaw, Bonuses, Money
Associate Bonus Watch: Milbank Makes Bank, Matches Cravath Spring Bonuses
Milbank Tweed? More like Milbank Cashmere. Associates at the firm can treat themselves to some luxury goods this weekend, in anticipation of the cash that’s coming their way in a few weeks. Earlier today, the firm announced that it will be matching the Cravath spring bonuses. It’s a pleasant surprise to some…. -
Associate Bonus Watch 2010, Biglaw, Bonuses, Money, Willkie Farr
Associate Bonus Watch: Willkie Matches the Cravath Spring Bonuses!
We recently wondered, in the wake of Cadwalader announcing spring bonuses, whether Willkie Farr (and several other top New York firms) might follow suit. Well, the wait is over. Willkie has announced spring bonuses, on the top-of-the-line Cravath scale…. -
Associate Bonus Watch 2010, Biglaw, Bonuses, Money
Associate Bonus Watch: Simpson Raises to Cravath Spring Bonus Scale
In a postcript to our detailed post speculating about the future direction of the spring bonus phenomenon, we noted “an isolated report of one firm on the S&C spring bonus scale going back and raising to the Cravath scale,” but said we required additional corroboration. We now have the requisite confirmation. On Tuesday, Simpson Thacher […] -
Associate Bonus Watch 2010, Biglaw, Bonuses, Money
Associate Bonus Watch: Weil Gotshal Plays the Match Game
Last week, we told you that Weil Gotshal was waiting to see how the other top-tier dominoes fell before deciding on spring bonuses. Well, since that time, many dominoes have fallen, all in line behind Cravath. Davis Polk, Skadden Arps, and now Paul Weiss have all matched the Cravath spring bonus scale. Cravath’s bonuses are […] -
Associate Bonus Watch 2010, Biglaw, Bonuses, Money
Associate Bonus Watch: Paul Weiss Matches the Cravath Spring Bonuses!
Happy Valentine’s Day, Paul Weiss associates! Uncle Brad loves you. PW just matched the Cravath spring bonuses — memo after the jump. So who are we still waiting to hear from? -
Associate Bonus Watch 2010, Biglaw, Bonuses, Money, Partner Issues
Associate Bonus Watch: Skadden Matches the Cravath Spring Bonuses!
This shouldn’t come as a shock: Skadden is paying spring bonuses. And it’s doing so on the top-of-the-market Cravath scale. Yay! According to a memorandum sent to the Skadden Arps partnership by email this morning — before 8 a.m., so prior to the Davis Polk announcement — the firm was originally planning to match market […] -
Associate Bonus Watch 2010, Biglaw, Bonuses, Money
Associate Bonus Watch: Davis Polk Matches the Cravath Spring Bonuses!
The venerable and aesthetically pleasing law firm of Davis Polk has decided to join in the springtime bonus party. They’ve just announced their spring bonuses — and they’re matching the generous Cravath scale, not the Sullivan & Cromwell scale (which is slightly lower for more-senior associates). Congratulations, DPW associates. It may have taken a while […]