Clifford Chance Joins $42.5K Year-End Bonus Parade

Law360, New York (December 14, 2011, 8:40 PM EST) -- Clifford Chance LLP confirmed Wednesday that it would hand out $42,500 year-end bonuses to eighth-year associates and above, matching the new scale established by rival firms last week.

The firm told its associates Wednesday that it would match the new scale established last week by Debevoise & Plimpton LLP, Cleary Gottlieb Steen & Hamilton LLP, Simpson Thacher & Bartlett LLP and Sullivan & Cromwell LLP in giving $42,500 bonuses to associates from the class of 2003 and earlier.

The bonuses otherwise match the benchmark set by...
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