First came Linklaters, then came Clifford Chance, and yesterday, Freshfields finally announced its Cravath match for all of its U.S. associates in New York, NY, and Washington, D.C. In case you’ve forgotten what this year’s bonus scale looks like, here’s how Freshfields is making its match:
Class of 2017 — $15,000 (pro-rated)
Class of 2016 — $15,000
Class of 2015 — $25,000
Class of 2014 — $50,000
Class of 2013 — $65,000
Class of 2012 — $80,000
Class of 2011 — $90,000
Class of 2010 — $100,000
Class of 2009 and more senior — $100,000
Freshfields will pay its bonuses on December 30, 2017, which will make for a very happy New Year for its U.S. associates. The firm’s bonus memo is on the next page.
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Staci 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.