Manhattan’s Cadwalader, Wickersham & Taft has announced its associate bonuses:
CADWALADER, WICKERSHAM & TAFT — MEMORANDUM — 2008 ASSOCIATE BONUSES
We are pleased to announce that the Firm will award year-end bonuses to associates and counsel as follows. Bonuses will be based on previously communicated criteria and are expected to be paid in January 2009. Associates who joined the Firm subsequent to January 1, 2008 and prior to October 1, 2008 will receive a pro-rated portion of the bonus.
Class of 2008: $17,500, prorated
Class of 2007: $17,500
Class of 2006: $20,000
Class of 2005: $22,500
Class of 2004: $25,000
Class of 2003: $27,500
Class of 2002: $30,000
Class of 2001 and prior: $32,500Senior Attorneys, Special Counsel and Counsel bonus awards will be determined on a case-by-case basis and will be communicated shortly.
Thank you again for your efforts and contributions to the Firm and our clients. The Partners and I wish you a happy and healthy holiday season.
The numbers will look familiar to anyone who remembers Cravath, Swaine & Moore’s numbers announced in November.