Sullivan Latest To Follow Cravath's Lead On Bonuses

Law360, New York (December 3, 2009, 5:19 PM EST) -- Sullivan & Cromwell LLP has reportedly become the latest law firm to announce an associate bonus structure similar to those adopted by several other large firms, including Cravath Swaine & Moore LLP.

According to the legal blog Above the Law, associate bonuses at Sullivan & Cromwell will range from $7,500 for the class of 2008 to $35,000 for the class of 2002.

Associates in the classes of 2007 and 2006 will receive $10,000 and $15,000, respectively. Those in the classes of 2005, 2004 and 2003 will...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.