Lawyer Pay

Cravath Announces Year-End Bonuses of $7,500 to $37,500

Cravath Swaine & Moore has announced its associate bonuses for 2011.

They range from $7,500, for the Class of 2010, to $37,500, for the Class of 2004, the firm announced in a memo today. There is no billable hour requirement and “virtually all” associates will get the listed lockstep amount when bonuses are paid on Dec. 9.

The Wall Street Journal Law Blog provides a copy of the memo (PDF) and notes that the $37,500 being paid at the upper end of the scale is $2,500 more than in 2010.

Hat tip: Above the Law.

Related coverage: (Nov. 2010): “Happy Holidays, Milbank Associates: Firm to Match Cravath & Skadden Bonuses of Up to $35K” (Dec. 2010): “Clifford Chance Shows US Associates the Money, Will Pay Year-End Bonuses of Up to $35K” (Dec. 2010): “Quinn Emanuel to Pay Associate Bonuses of Up to $82K, As Boies Schiller Tops Out at Over $200K”

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