Law360 (November 24, 2020, 6:27 PM EST) -- Cleary Gottlieb Steen & Hamilton LLP, Skadden Arps Slate Meagher & Flom LLP and Milbank LLP on Tuesday said they would be handing out end-of-year bonuses, with two of the firms adding a special one-time payment to sweeten the pot.
The BigLaw firms revealed their plans just a day after Cravath Swaine & Moore LLP, regarded as an industry compensation trendsetter, told associates they'd received bonuses ranging from $15,000 to $100,000. Baker McKenzie officially kicked off the end-of-year bonus season this month with an identical scale.
Cravath associates are also in line to receive special bonuses ranging from $7,500 to $40,000....
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!