Associate Bonus Watch: Skadden Matches Cravath
This isn't shaping up to be a very interesting bonus season....
SKADDEN ARPS SLATE MEAGHER & FLOM — MEMORANDUM — 2012 ASSOCIATE BONUSES
TO: Associates Class of [X]
FROM: Eric Friedman
Curbing Client And Talent Loss With Productivity Tech
Re: 2012 Associate Bonuses
We are pleased to announce that we will be paying a discretionary bonus on December 21st. The discretionary bonus is an indication of our appreciation for your hard work and dedication to the Firm and our clients.
Accordingly, associates in the class of [X] will be paid a year-end bonus of [Y]*. As in the past, bonuses will be to paid to associates in good standing who have been reasonably busy over the course of the year. Payment will only be made to associates employed by the Firm on December 21st.
Best wishes for the holiday season.
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*If applicable, bonus amount will be prorated based on start dates and status changes.
Earlier: Breaking: Cravath Announces Year-End Bonuses; Let the 2012 Bonus Season Begin!
Associate Bonus Watch (2011): Skadden Matches Cravath