It’s nice when law firms listen. Last week we highlighted a few firms that had been slow to pull the spring bonus trigger. It would seem that these firms have received the message that their own people were paying attention to spring bonuses at peer firms. On Friday, Latham & Watkins announced that it would […]
Happy Friday! And happy is right — the spring bonus news continues to roll in. The latest firm to share the wealth with its associates is Ropes & Gray. The spring bonus news is much cheerier than the Ropes news from earlier today (although note the updates appended to that post, highlighting comments skeptical of […]
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On Tuesday night, we gently tweaked a number of leading law firms, including Latham & Watkins, about their conspicuous silence on spring bonuses. This morning, in a post about Latham’s new Boston office, we reiterated the spring bonus tweaking. Well, it seems that Latham got the message. The firm just announced spring bonuses, on the […]
I’ve been trying to be nice. I’ve been trying to be positive. I’ve been trying to adopt a new, sunny, smoke-free attitude that assumes certain top firms will do the right thing by their associates and announce spring bonuses along the lines of Cravath, Sullivan & Cromwell, and a bunch of other top-tier firms. Just […]
Bonus news is starting to look like something we’ll be having all year long. Today, Dewey & LeBoeuf announced via teleconference that the firm will be paying out “spring bonuses,” along the top-of-the-line Cravath scale. These are on top of the regular Dewey bonuses that are being paid on April 1st. Most of the other […]
This week, Seyfarth Shaw announced the arrival of two construction litigators from Howrey, David Mancini and James Newland Jr. The two partners have been on the Seyfarth website for a while, as we noted last week, but Seyfarth made it official on Monday with a press release. The other big news this week at Seyfarth: […]
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As we’ve explained before, we want to hear about your law firm’s bonus news, even if it’s old. As long as we haven’t written it up yet, please consider it fair game. (Use our site search box in the upper-right-hand corner, or scroll through our Associate Bonus Watch archives, to see which announcements we’ve already […]
Earlier this week, associate bonuses were announced at McDermott Will & Emery. We’ve heard about the news from multiple McDermott sources — and, without exception, all expressed happiness with their bonuses. “McDermott essentially matched market for average billers and beat market for above average billers,” said one source. “They also combined year-end and spring bonuses, […]
A day without bonus news is a day without sunshine. We wouldn’t let this Monday pass without giving you some new compensation information to wrap your heads around. Today’s bonus news comes from the prominent intellectual-property firm of Fish & Richardson. Fish’s approach to associate compensation is closely watched by other IP shops, so we […]
Paul Hastings is throwing cash around. At least, that’s the impression it’s trying to give off. Unlike the firms that announced regular bonuses back in December and spring bonuses in the new year, Paul Hastings held off on a December bonus announcement and is only now coming out with its full bonus package. And Paul […]
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Here we go. Spring bonuses are making now making their way into firms that are not strict lockstep firms. They’re making their way into firms that are not predominately based in New York City. They’re making their way everywhere. Yay. If you will allow me to channel my inner Oprah: you get a spring bonus, […]
This news shouldn’t come as a shock, since all the cool kids are doing it. But for the record, Cleary Gottlieb will be paying spring bonuses, following the top-of-the-market Cravath scale. Cleary had previously announced spring bonuses on the Sullivan & Cromwell scale. In fact, CGSH was one of the first firms to follow S&C’s […]
Spring bonus news seemed to slow down last week. But New York firms are still having their feet held to fire of spring payments. On Friday afternoon, Fried Frank announced that it would be joining the spring bonus parade. Fried Frank will be matching the Cravath scale for spring bonuses. I hate to bring this […]
Milbank Tweed? More like Milbank Cashmere. Associates at the firm can treat themselves to some luxury goods this weekend, in anticipation of the cash that’s coming their way in a few weeks. Earlier today, the firm announced that it will be matching the Cravath spring bonuses. It’s a pleasant surprise to some….
We recently wondered, in the wake of Cadwalader announcing spring bonuses, whether Willkie Farr (and several other top New York firms) might follow suit. Well, the wait is over. Willkie has announced spring bonuses, on the top-of-the-line Cravath scale….