SHEARMAN & STERLING — MEMORANDUM — 2014 BONUSES
I am pleased to announce that we will be paying bonuses to U.S. Track associates in good standing. The standard bonus for U.S. Track associates in each class year is as set forth below.
Class of 2014 – $15,000 (pro-rated)
Class of 2013 – $15,000
Class of 2012 – $25,000
Class of 2011 – $40,000
Class of 2010 – $55,000
Class of 2009 – $70,000
Class of 2008 – $85,000
Class of 2007 and above – $100,000
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As in prior years, individual bonus amounts will be discretionary, based on performance. Associates will be notified by their Practice Group of their individual bonus payments.
Bonuses will be paid on January 15, 2015 to U.S. Track associates who are actively employed at the firm on that date. For those associates who were on leaves of absence or reduced work schedules in 2014 or who joined the firm after January 1, 2014, bonuses will be prorated.
We could not have had the many successes we have had this past year without all of your hard work and extraordinary efforts. On behalf of the partners, we thank you for your outstanding work and dedication to the Firm and our clients.
David J. Beveridge