Cravath, Swaine & Moore, one of the perennial leaders in associate compensation, is matching last year’s scale for annual bonuses.
The Wall Street law firm will pay seniority-based bonuses ranging from $15,000 for newer lawyers to $105,000 for those in the class of 2016, the firm announced in an internal memo.
The scale announced on Tuesday does not include year-end bonus amounts for associates from the class of 2015. The extra payments will be made on Dec. 16, the firm said in the memo.
A frenzied market in 2021 created a talent war that saw many Big ...
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