Cahill Doles Out Midyear Bonuses Up To $25K

Law360, New York (June 17, 2011, 5:13 PM EDT) -- Cahill Gordon & Reindel LLP reportedly announced Thursday that its associates would receive midyear bonuses between $5,000 and $25,000, a scale that beats Cravath Swaine & Moore LLP's spring bonus benchmark.

The bonus is more than those the firm gave out last year and follows a record year for Cahill, a source told AmLaw. The firm did not give out spring bonuses.

Cahill declined to officially confirm the numbers, though executive committee member Jonathan Schaffzin commented generally on the firm's bonus philosophy.

“We continue to appreciate...
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