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• Milbank matches Cravath's bonus scale, delays payment until January

  Nov 25 2010 Milbank Tweed Hadley & McCloy has announced the details of its associate bonus package, which matches the scale released by Cravath, Swaine & Moore some days ago.... more

• Addleshaw Goddard unfreezes salaries and introduces performance-based bonus scheme

  Oct 11 2010 Addleshaw Goddard has ended a two-year salary freeze and has reintroduced a bonus scheme for non partners. The new bonus arrangements introduce a discretionary... more

• Salary survey: non-equity partners

  Sep 27 2010 RollOnFriday has conducted an unofficial survey to determine how much salaried partners are getting paid. Their report finds that salaried partners at the biggest... more

• Simmons & Simmons dumps bonus scheme after just one year

  Jan 26 2010 Simmons & Simmons is overhauling the non-equity partner bonus scheme it introduced at the beginning of the 2008-09 financial year after not one person... more

• McDermott Will & Emery to cut associate salaries

  Jan 13 2010 McDermott Will & Emery is moving to a three tiered merit based compensation system, beginning in 2011. Associates on the bottom tier will have a base salary of... more

• Smaller Law Firms Struggle with Morale Issues in Bonus Decisions

  Dec 02 2009 The gossip mill at smaller law firms can lead to morale issues at bonus time. The Connecticut Law Tribune notes the problem. “With just a handful of employees, it's... more

• Cravath Cuts Associate Bonuses

  Nov 03 2009 For the second year in a row, one of New York's leading BigLaw firms has cut associate bonuses Cravath Swaine & Moore will pay associates bonuses of $7,500 to $30,000... more

• Slaughters hesitates over annual firmwide bonus payout

  Oct 23 2009 Slaughter and May is still considering whether or not to pay out its annual firmwide bonus, due at the end of the year. The magic circle firm is in discussions... more

• Bonuses will be paid but salaries remain the same at McDermott

  Mar 18 2009 McDermott Will & Emery may have exceeded the market in some cases with its bonus payments for 2008, which were better than expected. Despite this, the firm decided to... more

• Linklaters announces bonus cutbacks for US associates

  Jan 07 2009 Linklaters has confirmed that it is halving last year’s bonus rates for US associates. The firm told US associates that they will be awarded bonuses ranging between... more

• Lawyers expect bigger bonuses despite credit crunch

  Dec 28 2008 Most lawyers expect to get a bonus this year and think that it will be bigger than last year's. Of almost 900 lawyers who took part in a poll by by recruiters GRS, 64%... more

• Sullivan & Cromwell and Cadwalader cut back bonuses

  Dec 22 2008 Associates at Sullivan & Cromwell and Cadwalader Wickersham & Taft will receive leaner year-end bonuses this year. Sullivan & Cromwell announced that year-end... more

• Blog: Skadden bonuses $35K to $65K

  Dec 19 2008 Skadden pays its associates year-end bonuses of $35,000 to $65,000, according to the legal blog Above the Law. This is well above what many of its major-firm... more

• Sullivan & Cromwell cuts associate bonuses

  Dec 19 2008 Sullivan & Cromwell told its associates yesterday to expect lower bonuses, but indicated that their salaries will rise in 2009. First-years at Sullivan earn a base... more

• Allen & Overy announces $32.5k US associate bonuses

  Dec 18 2008 Allen & Overy has announced its year-end bonuses for its US associates, with lawyers pocketing up to $32,500 at the upper end. more

• Clifford Chance announces bonus cuts for US associates

  Dec 08 2008 Magic Circle firm Clifford Chance has become the latest firm to cut back bonuses for U.S. associates, with the announcement that it is to halve its year-end payouts.... more

• Dewey, Cleary Gottlieb, Milbank cut associate bonuses

  Dec 04 2008 Dewey & LeBoeuf, Cleary Gottlieb Steen & Hamilton, and Milbank Tweed Hadley & McCloy have reduced the rate for year-end associate bonuses. According to The Lawyer,... more

• Simpson Thacher cuts associate bonuses

  Nov 26 2008 Simpson Thacher & Bartlett has announced that it is to halve its year-end associate bonuses. The bonuses range from $17,500 for first-year associates to $32,500 for... more

• Cravath, Swaine & Moore cuts bonuses

  Nov 22 2008 Cravath, Swaine & Moore announced reduced end-of-year associate bonuses last week in a memo to its staff. The numbers are down sharply from last year. The bonuses... more

• Skadden ditches special bonus

  Nov 20 2008 Skadden Arps Slate Meagher & Flom has abandoned special bonuses for associates due to the economic downturn. Skadden executive partner Bob Sheehan sent a firm-wide... more

• Slaughter and May to hand out 10% bonus to fee earners

  Nov 04 2008 Fee earners at Slaughter and May are set to see their pay packets boosted, with the firm announcing that its lawyers are in line for a bonus of 10% of salary... more

• UK Associate bonuses hit 12%

  Jun 02 2008 Results of a RollOnFriday bonus survey suggest that the average bonus paid to City solicitors is 12% of salary, up nearly 4% from 2007. Skadden tops the table with... more

• D.C. Associate Bonuses 'Fairly Healthy' This Year

  Feb 03 2008 It's associate bonus season for many Washington, D.C., law firms, and the numbers are trickling in. At a few firms, D.C. associates may be getting an extra check that... more

• Cravath, Swaine & Moore Is Giving Its Associates Two Year-End Bonuses

  Nov 01 2007 Cravath, Swaine & Moore has raised the salary bar for law firm associates in Manhattan. The firm has announced that it will award a special one-time bonus for... more