Debevoise & Plimpton has matched the pandemic-related associate bonuses offered by Davis Polk & Wardwell, awarding its U.S. associates an extra $7,500 to $40,000, depending on seniority.
In an internal memo provided to Bloomberg Law, Debevoise presiding partner Michael W. Blair praised associates for their “hard work, dedication and professionalism” during the coronavirus pandemic. He said the special bonuses would be paid out at the end of October.
Cooley was the first firm reported to have offered a pandemic bonus to associates, but Davis Polk raised the bar with a higher range of bonuses last week. Milbank and several other ...