Associate Bonus Watch 2008
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Associate Bonus Watch 2008, Layoffs, Salary Freeze, Staff Layoffs
Nationwide Layoff Watch: Major Downsizing at Wilson Sonsini (45 Lawyers, 68 Staffers)
Major news coming out of Wilson Sonsini Goodrich & Rosati. The firm just announced that 45 attorneys and 68 staff were laid off: [I]t is with regret that we announce that the firm will be downsizing our associate, legal support, and administrative ranks, with 45 attorneys and 68 staff directly affected. Members and staff managers […] -
Associate Bonus Watch 2008, Biglaw, Bonuses, Money, Skaddenfreude
Associate Bonus Watch: Cravath Offers Less Than Skadden
If you work at Cravath, Swaine & Moore, prepare to be very, very angry. From the bonus memo just issued by presiding partner Evan Chesler: Both 2006 and 2007 were extraordinary years for our Firm. In 2006 we paid large year-end bonuses to our associates, and in 2007 we further supplemented those bonuses. As a […]
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