Shearman & Sterling Hops On Spring Bonus Bandwagon

Law360, New York (February 24, 2011, 1:36 PM EST) -- Shearman & Sterling LLP is the latest major law firm to announce that it will hand its U.S. associates an extra payout in the spring, confirming Thursday that it plans to pay bonuses in April ranging from $7,500 to $20,000.

The firm will pay $7,500 to the class of 2009, $10,000 to the class of 2008, $15,000 to the class of 2007, and $20,000 to the classes of 2006 and earlier, according to an internal memo provided to Law360.

U.S. associates who were employed as of...
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