Law Practice
Nov. 30, 2011
Cravath releases bonus information
Global law firm Cravath, Swaine & Moore LLP announced Monday its year-end associate bonuses for 2011, which showed almost no change from the amounts the firm paid out in 2010.
By Kevin Lee
Daily Journal Staff Writer
Global law firm Cravath, Swaine & Moore LLP announced Monday its year-end associate bonuses for 2011, which showed almost no change from the amounts the firm paid out in 2010.
According to an internal firm memo posted by the Wall Street Journal, Cravath will pay out $7,500 to first-year associates, rising with each year of seniority up to $37,500 for seventh-year associates. The firm will pay this year's bonuses on Dec. 9.
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