Cadwalader, Proskauer Match Associate Year-End Bonus Scale (3)

Nov. 13, 2019, 3:29 PM UTCUpdated: Nov. 13, 2019, 8:55 PM UTC

Cadwalader, Wickersham & Taft and Proskauer Rose have become the latest firms to reveal their year-end bonuses for associates, matching the scale announced by Milbank last week.

Cadwalader told attorneys in a memo that it would match Milbank and other competitor firms on Wednesday.

Proskauer also confirmed it will match the bonus scale.

The bonuses will be paid out to Cadwalader lawyers in the last full week of February 2020. Those associates and special counsel that billed 2,200 hours or more will be awarded bonuses equal to 120% of the amounts listed on the bonus scale, the firm’s memo said. ...

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