Mo' Money, Mo' Cravath Matches!

Which firm is the latest to match the Cravath bonus scale?

Another hour, another Cravath match. Biglaw associates would probably be getting bored of this if there weren’t tens of thousands — or in the case of senior associates, hundreds of thousands — of dollars involved. Which firm is the latest to match the Cravath bonus scale?

That would be Shearman & Sterling, which has matched the market leader on bonuses, be it Cravath or Davis Polk, for at least the past five years. This year’s match is no surprise, but we’re sure associates are thrilled that bonus bucks will be flowing into their accounts on January 12, 2018. The firm’s bonus memo is on the next page.

That’s our take on the Shearman & Sterling bonuses. If you’re a lawyer at the firm, what do you think? Feel free to let us know how you feel by email, by text message (646-820-8477), or by tweet (@ATLblog). A fun or insightful response — we promise we’ll keep you anonymous — could find its way into an update to this story.

As a little reminder, we love covering the Biglaw bonus season, but we need your help. Remember: as soon as 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 at 646-820-8477. We look forward to hearing from you.

And if you’d like to sign up for ATL’s Bonus Alerts, please scroll down and enter your email address in the box below this post. If you previously signed up for the bonus alerts, you don’t need to do anything. You’ll receive an email notification within minutes of each bonus announcement that we publish. Thanks!


Staci ZaretskyStaci Zaretsky has been an editor at Above the Law since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.

Sponsored


Bonus Time

Enter your email address to sign up for ATL's Bonus & Salary Increase Alerts.