Wake Up Call: McDermott ‘Matches’ Cravath, Baker on Bonuses

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• McDermott Will & Emery matched with some differences the associate annual bonus scale set by Baker McKenzie last week and mostly followed by Cravath Swaine & Moore this week, Above the Law reported.
• McDermott’s bonus scale ranges from $15,000 to $115,000, depending on class year. It includes a $15,000 payout for first-year associates, which Baker’s scale didn’t include, and a $115,000 bonus for eighth-year associates, left out by Cravath’s scale, which stops at $105,000 for seventh-year associates. To be ...