After Allen & Overy announced bonuses following the Cravath scale, it was only a matter of time before another Magic Circle firm would follow suit. And not much time: Clifford Chance just announced a market match as well.
The memo, from regional managing partner Evan Cohen, is straightforward (and pretty much identical to last year’s memo). Bonuses will be paid on January 13. We’ve posted the complete memo on the next page.
You know the drill: when your firm’s bonus memo comes out, please email it to us (subject line: “[Firm Name] Bonus”). We always keep our sources on bonus stories anonymous. There’s no need to send the memo using your firm email account; your personal email account is fine. Please be sure to include the memo as proof; we like to post complete bonus memos as a service to our readers. You can take a photo of the memo and attach as a picture if you are worried about metadata in a PDF or Word file. You can also text us if you prefer, at 646-820-8477.
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(Flip to the next page for the full Clifford Chance bonus memo.)
Earlier: Associate Bonus Watch: The First Magic Circle Firm Speaks
Associate Bonus Watch: Cravath Announces Its 2016 Associate Bonuses!
Associate Bonus Watch (2015): Matchmaker, Matchmaker, Make Me A Match
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David Lat is the founder and managing editor of Above the Law and the author of Supreme Ambitions: A Novel. He previously worked as a federal prosecutor in Newark, New Jersey; a litigation associate at Wachtell, Lipton, Rosen & Katz; and a law clerk to Judge Diarmuid F. O’Scannlain of the U.S. Court of Appeals for the Ninth Circuit. You can connect with David on Twitter (@DavidLat), LinkedIn, and Facebook, and you can reach him by email at [email protected].