Associate Bonus Watch And Nationwide Pay Freeze Watch: Chadbourne & Parke
We haven’t yet gotten our hands on the Chadbourne & Parke bonus memo, but a firm spokesperson confirmed what the general numbers look like. According to the spokesperson:
“Our bonuses are on Cravath, Half-Skadden, scale. Individual bonus determinations are based upon individual performance and pro rated for part time attorneys and attorneys who have been with the firm for less than the full year.”
I wonder if somewhere, Cravath’s Evan Chesler is thinking about ways to kill me?
![Law Firms Now Have A Choice In Their Document Comparison Software](https://abovethelaw.com/uploads/2024/04/ATL-640x427-2-300x200.png)
Law Firms Now Have A Choice In Their Document Comparison Software
Meanwhile, Chadbourne also announced a salary freeze:
As you know, the world economic outlook for 2009 is uncertain. Accordingly, as a matter of prudence, the Firm is reserving decision on associate salary levels for 2009. We will make a decision on this matter within the next several months as the global economic picture becomes clearer.
Half-Skadden bonus, Latham salary — but no layoffs, so there’s that to be happy about.
Earlier: Prior ATL coverage of associate bonuses
Sponsored
![Law Firms Now Have A Choice In Their Document Comparison Software](https://abovethelaw.com/uploads/2024/04/ATL-640x427-2-300x200.png)
Law Firms Now Have A Choice In Their Document Comparison Software
![Trust The Process: How To Build And Manage Workflows In Law Firms](https://abovethelaw.com/uploads/2024/06/stopwatch-5646500_1280-300x200.jpg)
Trust The Process: How To Build And Manage Workflows In Law Firms
![Raising The Bar in Bar Prep](https://abovethelaw.com/uploads/2024/06/Themis_logo_march_2024-small-300x200.png)
Raising The Bar in Bar Prep
![Referral Fees The Key To Growing A Modern Practice? Overture Thinks So.](https://abovethelaw.com/uploads/2024/05/logo-square-black-bg-2-1-300x297.png)
Referral Fees The Key To Growing A Modern Practice? Overture Thinks So.
Prior ATL coverage of associate salary freezes
Sponsored
![How Savvy Lawyers Build Their Law Firm Rate Sheet](https://abovethelaw.com/uploads/2024/05/e-commerce-402822_1280-300x200.jpg)
How Savvy Lawyers Build Their Law Firm Rate Sheet
![Referral Fees The Key To Growing A Modern Practice? Overture Thinks So.](https://abovethelaw.com/uploads/2024/05/logo-square-black-bg-2-1-300x297.png)