Proskauer To Shell Out Bonuses Up To $37.5K

Law360, New York (December 5, 2011, 7:04 PM EST) -- Proskauer Rose LLP is the latest to match Cravath Swaine & Moore LLP’s $37,500 year-end associate bonuses for its seven-year veterans, the firm confirmed Monday.

In a year-end haul matching that of their counterparts at Cravath and Skadden Arps Slate Meagher & Flom LLP, Proskauer’s first-year associates will receive $7,500; second-year associates will receive $10,000; third-year associates will receive $15,000; fourth-year associates will receive $20,000; fifth-year associates will receive $25,000; and sixth-year associates will receive $30,000, Proskauer spokesman Josh Epstein confirmed Monday.

“This has been a...
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