Cravath Maintains 2010 Levels In 2011 Bonus Payouts

Law360, New York (November 28, 2011, 9:25 PM EST) -- New York law firm Cravath Swaine & Moore LLP will hand out year-end associate bonuses of up to $37,500 in a near-identical scheme to its 2010 payouts, according to Monday news reports.

The bonuses, which range from $7,500 for first-year associates from the class of 2010 to $37,500 for seventh-year associates from the class of 2004 will be paid Dec. 9, according to a Cravath memo posted by the Wall Street Journal's law blog. The bonus scheme mirrored that of its 2010 bonuses, which were identical...
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