Law Practice
Jan. 5, 2011
Irell Associates Get Big Bonuses
For the second year in a row, Los Angeles-based Irell & Manella paid associate bonuses two times the market standard laid out by New York pacesetter Cravath, Swaine & Moore.
Cravath's 2010 lock-step bonus schedule was identical to its disappointing 2009 offering for all associate classes except those in their seventh year, who received an additional $5,000 in 2010. As a result, Irell's doubling the New York firm's bonuses translated to no real...
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