Fried, Frank, Harris, Shriver & Jacobson and Cleary Gottlieb Steen & Hamilton are the latest major law firms to announce year-end bonuses for associates, handing out extra pay ranging up to $115,000 for junior lawyers.
The Manhattan headquartered firms are matching the scale set by several law firms last year, each said Thursday in internal emails viewed by Bloomberg Law. Fried Frank and Cleary follow a handful of firms that have announced bonuses this year on the same seniority-based scale, ranging from $15,000 to $115,000.
“The Firm is committed to paying competitive compensation to our attorneys,” David Greenwald, Fried Frank’s ...
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