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Cravath's Slashed Bonuses Could Set Trend

By Anne Urda (November 25, 2008, 12:00 AM EST) -- New York powerhouse Cravath Swaine & Moore LLP is drawing heat for slashing associate bonuses in the midst of the economic crisis, but with law firms continuing to engage in public layoffs and stealth firings, others may now feel at liberty to follow the prestigious firm's example....

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