
Associate Bonus Watch: The Skadden Shoe Drops
As in the past, top performers in senior classes get some extra cash.
As in the past, top performers in senior classes get some extra cash.
The legal profession just lost one of its great leaders.
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Senior associates are eligible for some amounts above the Cravath scale, but this was the case last year.
For certain senior associates, Skadden will be paying more than the market -- how much more?
The neighborhood Skadden is moving to isn't very pretty right now, but that might change in the years to come.
Skadden just announced bonuses -- did it beat Cravath, like it did back in 2008?
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Which Biglaw behemoth just cut a big check for Philippine typhoon relief?
This isn't shaping up to be a very interesting bonus season....
No surprises here: Skadden has matched the 2011 Cravath bonus scale. Given the sheer size of Skadden, in terms of attorney headcount, this announcement directly affects the pocketbooks of more lawyers than the Cravath news. Let's look at the memo, along with reactions from SASMF associates....
Earlier this month, the son of Joseph Flom — name partner at Skadden, Arps, Slate, Meagher & Flom, and a legendary figure of the M&A bar — wrote a moving tribute to his father. He explained that the 87-year-old Flom was gravely ill and not far from death. This morning, Skadden confirmed the sad news […]
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This shouldn’t come as a shock: Skadden is paying spring bonuses. And it’s doing so on the top-of-the-market Cravath scale. Yay! According to a memorandum sent to the Skadden Arps partnership by email this morning — before 8 a.m., so prior to the Davis Polk announcement — the firm was originally planning to match market […]