Mayer Brownassociates got the news on Christmas Eve – the firm is matching the Cravath bonus scale. $7500 for first years, $30k for senior associates and the same sliding scale in between. What associates have not yet been told is whether or not they’re getting a pay raise next year. Mayer Brown froze salaries this year and have yet to announce next year’s compensation plan.
Mayer Brown is one of the largest global law firms both by number of lawyers and revenue. The firm has over 1,800 lawyers in key business centers across the Americas, Asia and Europe.