Please ensure Javascript is enabled for purposes of website accessibility
Don't miss
Home / News / Large law firms cut junior bonuses up to 57 percent

Large law firms cut junior bonuses up to 57 percent

Law firms including Cravath, Swaine & Moore and Skadden, Arps, Slate, Meagher & Flom cut year-end bonuses for first-year lawyers by as much as 57 percent, part of a bid to keep client costs down and ride out a recession that has forced structural changes in the industry. Bonuses dropped for first-year associates at many top-tier ...