Cravath Swaine sets cautious note in 2013 bonuses

December, 03 2013

New York top tier law firm Cravath Swaine & Moore is to give its associates the same level of year end bonus in 2013 as it did last year.

Bonuses have not changed since last year Dibrova

The move is being seen as a cautious one. The Cravath Swaine bonus declaration is always seen as a tone-setter in the market, with many other firms likely to follow suit. The bonus for the class of 2013 associates is set at US$10,000 and goes up to US$60,000 for the class of 2005. Source: Wall Street Journal