Goodwin Procter's Bonus Ceiling Reaches $42.5K

Law360, New York (January 20, 2012, 6:22 PM EST) -- Goodwin Procter LLP will pay individual year-end bonuses based on a benchmark seniority scale ranging from $7,500 for the class of 2010 to $42,500 for its most senior associates and will maintain salaries ranging from $160,000 to $280,000, the firm said Friday.

Associates learned Friday what their individual bonuses and salaries would be after a memo sent earlier this week noted that bonuses will largely match the scale first set by Cravath Swaine & Moore LLP, with second-year associates receiving approximately $10,000, third-year associates getting $15,000...
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