Prudent or Plentiful? How Law Firms Decide Year-End Associate Bonuses




ABA Journal Podcasts - Legal Talk Network show

Summary: Higher associate bonuses came from Cravath Swaine & Moore in 2012. Naturally other firms that see themselves—or want to see themselves—as competitors with the Wall Street firm followed suit. For the most part, partners and associates are happy with the numbers, guests tell ABA Journal Podcast moderator Stephanie Francis Ward. But there could be big changes in the future. Related articles: ABAJournal.com: "Cravath Boosts Year-End Bonuses, Will Pay $10K to $60K; Last Year’s Ceiling Was $37.5K" ABAJournal.com: "Tis the Season: Skadden and Simpson Thacher Match Cravath Year-End Bonuses of $10K to $60K"