Debevoise & Plimpton and Shearman & Sterling have become the latest firms to sign on to the year-end associate bonus scale announced last week by fellow Big Law firm Milbank.
A Debevoise spokeswoman confirmed that its bonus scale would match Milbank’s, which ranges from $15,000 for its newest associates, to $100,000 for its most senior.
Shearman & Sterling also told Bloomberg Law on Thursday that it would follow the bonus scale for its U.S. track associates.
Each year, Big Law associates eagerly await the release of information on end-of-year bonuses. The extra cash is a major recruiting incentive and signifies ...