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bonuses

All Associates Meeting at Sidley Austin

Sidley Austin had an all associates meeting in Washington DC today. Details, or rumors at least, are beginning to trickle…

Cleary Gottlieb Follows Cravath on Bonuses

Cleary Gottlieb Gottlieb has confirmed their bonus schedule for this year, which falls right in line with Cravath. Cravath was…

Bonus Season has Begun!

Cravath Swaine & Moore has officially kicked off this years bonus season. It should come as no surprise that bonuses…

DWF Freezes Pay, Cancels Bonuses

Despite seeing its best financial results ever, UK law firm DWF has frozen pay and canceled bonuses. The firm was…

DLA Piper Slashes Salaries

DLA Piper, which this week laid off 24 lawyers and 100 support staff across its UK offices, today announced salary…

Drinker Biddle Will Not Defer Associates, But Will Cut Salaries

Drinker Biddle will allow its 36 incoming associates to start on time in September; but their salaries will be reduced,…

Morgan Lewis Lays Off 216

Philadelphia's Morgan Lewis has laid off 55 attorneys and 161 staffers. Our decision today will affect 55 lawyers and 161…

Parker Poe Axes 28 Attorneys, Staffers

Charlotte, North Carolina's Parker Poe Adams & Bernstein, a 225-attorney firm, has axed 13 attorneys and 15 staffers. Managing partner…

Morgan Lewis Adopts Merit-Based Bonuses

Philadelphia's Morgan Lewis & Bockius will adopt a merit-based bonus system for associates in 2009. The firm is doing away…

Latham & Watkins Freezes Salaries at 2008 Levels [Update]

Los Angeles-based Latham & Watkins is freezing 2009 salaries at 2008 levels. While we anticipate that the diversity of our practices…

O’Melveny & Myers Announces Associate Bonuses

"Multiple tipsters" tell Above the Law that O'Melveny & Myers associates in California and DC received voicemails today, confirming that…

Poof! Bonuses at Epstein Becker Disappear!

Most of the chatter about year-end associate bonuses has focused on biglaw. Who cut payment by how much and why?…