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Akin, Ropes Offer Variations On Cravath Bonuses

Law360, New York (December 4, 2017, 6:00 PM EST) -- Akin Gump Strauss Hauer & Feld LLP and Ropes & Gray LLP have each revealed that they will award year-end bonuses to U.S. associates with slight variations to the scale established by Cravath Swaine & Moore LLP, which has largely held sway over BigLaw firms since it was announced Nov. 28.

Breaking from the so-called Cravath scale, Ropes & Gray said that associates in their fourth year or higher will receive a bonus to "be determined and communicated individually," rather than in lockstep with a set scale, and...
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