Cravath
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Latest blogosphere posts tagged “Cravath”
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Stroock Pays Bonuses, Lifts Salary Freeze
JD Journal —
Authority: 480
Stroock is handing out bonuses this year, and like so many before them, they’re paying on the Cravath schedule. That is, any associate that hit their billable hours target of 1900 will get a Cravath size bonus and the firm says that those that “made extraordinary contributions to the firm” will get a bit ...5 days ago -
Dewey & LeBoeuf Match Cravath Bonuses
JD Journal —
Authority: 480
Same song, different singer. Dewey & LeBoeuf will follow the Cravath bonus scale (not the slightly better Sullivan & Cromwell scale). $5-$30k depending on class year. Cravath bonuses were announced November 2nd. Since then Cleary, Skadden, Wilkie Farr, Simpson Thatcher, Davis Polk, Debevoise & ...6 days ago -
Tough times at Cravath, Swaine & Moore
Reading Tea Leaves by Randy Wilson —
Authority: 132
Last week I gave a talk to recent law graduates who were contemplating solo practice. Not so much because they were excited about going out on their own but because Big Law and even Not So Big Law isn’t hiring so much. More evidence of that comes from Elizabeth Wurtzel’s piece in the Wall Street Journal ...1 week ago -
Finance Layoffs and Hirings: Wells Fargo and more
Dealscape —
Authority: 588
Theres some bad news for bankers and lawyers. There have been several rounds of layoffs, and right before the holiday season. Heres the latest reports and rumors: Wells Fargo & Co. (NYSE:WFC) is cutting 62 positions at a lending administration center in Northern California, according to the Granite Bay ...1 week ago -
Is There a New Standard for Bonuses?
JD Journal —
Authority: 480
Up until this week, the scale for bonuses seemed pretty set in stone with every firm falling in lockstep with Cravath. But earlier this week Sullivan & Cromwell dared to be different. Of course, it’s only different if you’re a senior associate in which case you’ll get an extra $5000, small consolation ...2 weeks ago -
More Bonus News - And it’s a Little Different
JD Journal —
Authority: 480
Two more firms have announced their bonus schedules and they’re a bit different from the Cravath scale. Sullivan & Cromwell is paying bonuses ranging from $7500 to $35,000 depending on class year. The only change is at the high end where senior associates will receive $5000 more than at firms on the Cravath ...2 weeks ago -
More Bonuses
JD Journal —
Authority: 480
-Insert cookie cutter story here- Debevoise & Plimpton announced bonuses today. Second verse, same as the first… I’m rapidly running out of new and creative ways to say this, so here it is - it’s the same bonus schedule first issued by Cravath, then followed by Cleary Gottlieb, Skadden, Wilkie Farr, ...3 weeks ago -
Davis Polk Bonuses
JD Journal —
Authority: 480
Davis Polk has announced its year end bonus schedule and, surprise!, it looks all too familiar. Yup, it matches the bonuses put out by Cravath , which match the bonuses of every biglaw firm to announce bonuses in the days after Cravath set the bar. New associates are receiving $7500, with seniors making ...3 weeks ago -
A Look at Xeroxs Big Concessions in Its ACS Deal
DealBook —
Authority: 767
Xerox gave up some hefty concessions in a Texas lawsuit over its deal for Affiliated Computer Services. The Deal Professor examines why it may have done so.4 weeks ago

