Dewey, Cleary Gottlieb, Milbank cut associate bonuses

December 4, 2008 Dewey & LeBoeuf, Cleary Gottlieb Steen & Hamilton, and Milbank Tweed Hadley & McCloy have reduced the rate for year-end associate bonuses.

According to The Lawyer, the firms will pay associates bonuses ranging from $17,500 for the class of 2008 and up to $32,500.

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