DAVIS POLK & WARDWELL — MEMORANDUM — 2015 ASSOCIATE BONUSES
From: DeSantis, Renee M. On Behalf Of Management Committee
Sent: Thursday, December 10, 2015
Cc: All Partners
Subject: 2015 Associate Bonuses
We are pleased to announce that associates in good standing will receive a bonus payment as outlined below (subject to pro-ration for part time arrangements and Class of 2015 start dates). Bonuses will be paid on December 24th. Bonuses for counsel and other attorneys with special arrangements will be determined on an individual basis and will be communicated and paid according to the normal time schedule.
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Class of 2015 $15,000
Class of 2014 $15,000
Class of 2013 $25,000
Class of 2012 $50,000
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Class of 2011 $65,000
Class of 2010 $80,000
Class of 2009 $90,000
Class of 2008 and earlier $100,000
We thank you for your hard work and many successes for our clients over the past year. At this time, please do think about our clients whose loyalty to us enables our firm’s success and your development and who, in some cases, are facing very difficult business and market conditions. Also, in your holiday giving plans, bear in mind the many good and needy causes in our cities and countries which benefit from the generosity and community support that is a hallmark of our firm. We wish all of you a wonderful holiday season.
The Management Committee