Law Practice
Nov. 25, 2010
Lackluster 2010 Bonus Season Starts
Associate attorneys had hoped their year-end compensation would reflect growing confidence in economic recovery.
Daily Journal Staff Writer
Associate attorneys had hoped their year-end compensation would reflect growing confidence in economic recovery, but the circulation of Cravath, Swaine & Moore's bonus memo Monday put these hopes to bed.
The New York firm's bonus schedule was nearly identical to 2009's disappointing numbers, aside from an additional $5,000 awarded to seventh-year associates. Bonuses ranged from $...
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