Inside the Bingham McCutchen Bonus
When you step into the killing lockstep zone, your bonus disappears into a black box. A while back, we reported that Bingham McCutchen adopted a lockstep-merit hybrid approach to associate...
View ArticleBonus and Salary News from King & Spalding
The past few weeks have brought a fair amount of news about King & Spalding. Some of it has been good — e.g., adding talent from Orrick. And some of it has been bad — e.g., getting benchslapped...
View ArticleChapman and Cutler Brings Next Year’s Bonus News Today
Late last week, Chicago based Chapman & Cutler released its 2009 bonus news. It’s not that impressive. But the firm also previewed what it will pay in bonuses for 2010. It’s … not that impressive....
View ArticleAssociate Bonus Watch: Baker Botts – Houston(And other Baker Botts / Houston...
March is almost over (and tomorrow is the official start of spring), but law firm bonus news continues to trickle in. Yesterday, for example, we covered Mayer Brown. Today we bring you Baker Botts...
View ArticleAssociate Bonus Watch: Paul Hastings Matches Cravath Scale Everywhere but...
For two weeks we’ve been getting reports about Paul Hastings bonuses. Many people claim that they received bonuses on par with the Cravath scale. But there have been a dedicated few who claim they were...
View ArticleMintz Levin: A Salary Thaw and PPP Info
During the recession, Mintz Levin froze associate salaries and deferred 2009 summer associates all the way until 2012. Not good times. But the recession is starting to lift its death grip on law firms...
View ArticleClifford Chance: Cancels Hours Requirement for Bonuses in London, But No...
This morning, the Lawyer reported that Clifford Chance was changing the requirements for associate bonuses in London: Clifford Chance is set for a radical overhaul of its associate bonus system, with...
View ArticleNationwide Pay Raise Watch: Pillsbury Winthrop
Back in February, we wrote about various compensation developments over at Pillsbury Winthrop. At the time, the firm said it was considering moving away from a lockstep model in favor of a more...
View ArticleSpringtime for Bonuses At Sullivan & Cromwell?
Last year, while law firms were still feeling the worst of the recession, Sullivan & Cromwell provided some springtime cheer to its associates. The firm paid a spring bonus in 2009. The payment was...
View ArticleAssociate Bonus Watch: Cahill Gordon Gives Out Mid-Year Bonuses
Yes, you read that headline correctly. Out of nowhere, Cahill Gordon & Reindel has decided to give out a mid-year bonus. Not Cravath, not S&C, but Cahill Gordon. The same Cahill Gordon that is...
View Article
