Cravath Pays Associates Up To $20K In Spring Bonuses

Law360, New York (January 31, 2011, 7:40 PM EST) -- Cravath Swaine & Moore LLP, whose year-end bonuses set the standard for associate compensation at many major law firms in 2010, has said it will hand out springtime bonuses of up to $20,000 to associates.

The New York-based law firm on Monday said it planned to dole out bonuses of $20,000 to associates who began working at the firm between 2004 and 2006, while offering $15,000 to associates from the 2007 class and between $2,500 and $10,000 to those who started later.

Associates are set to...
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