Paul Hastings Doles Out Bonus Payouts Up To $42.5K

Law360, New York (March 5, 2012, 8:53 PM EST) -- Paul Hastings LLP has hewn to the bonus scale set by Sullivan & Cromwell LLP and handed out 2011 year-end associate bonuses up to $42,500 for its most senior associates who met its performance requirements, the firm confirmed Monday.

Although Paul Hastings has followed the Sullivan & Cromwell scale in handing out bonuses ranging from $7,500 for first-year associates to $42,500 to eighth-year associates from the class of 2003, only roughly 70 percent of the firm’s associates have received a bonus, a firm spokesman confirmed....
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