Cahill Gordon & Reindel is rewarding associates with a special bonus as the Wall Street firm becomes the latest Big Law firm to match recent salary increases.
Cahill is handing out additional bonuses between $2,500 for first-years up to $40,000 for its most senior associates, the firm announced in a memo on Dec. 6 viewed by Bloomberg Law.
The special bonuses, the first among Big Law firms, come on top of year-end bonuses and salary increases for its most junior talent.
Over a dozen of the nation’s top law firms have now announced matches to the scale set by Milbank ...
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