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2 Firms Catch Up To Cravath's Associate Pay Raise

Law360 (June 12, 2018, 5:45 PM EDT) -- Debevoise & Plimpton LLP and New York-based commercial litigation boutique law firm Holwell Shuster & Goldberg LLP on Tuesday announced they have adopted new associate pay scales and bonus structures that match the raises made public a day earlier by Cravath Swaine & Moore LLP.

In an internal memo, Holwell Shuster's three founding partners said the increases enhance the firm's commitment to compensate their associates at the top of the New York market.

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