McDermott Memo Reveals Bonuses Beyond Cravath Scale

Law360 (March 20, 2018, 10:05 PM EDT) -- McDermott Will & Emery LLP is paying more than half of its associates bonuses higher than the bar set by Cravath Swaine & Moore LLP, exceeding the market rate for young attorney pay by $60,000 or more in some cases, according to a report on Tuesday.

The firm’s 2017 bonuses are coming in about a month after most law firms had already reported their associate pay, but lawyers in class years 2010 to 2015 are unlikely to complain: The top bonus for each of those classes exceeds...
To view the full article, register now.