Proskauer Rose follows Cravath bonus scale

Proskauer Rose has announced that it will match the bonus scale set by Cravath Swaine & Moore. The level of these bonuses is considered to be down the lower end of the scale, and associates are reportedly disappointed by the sums awarded. Above the Law even suggests that “These bonuses are not being interpreted as a ‘reward’ for hard work, they’re being interpreted as a miserly payout from partners who don’t care.”. The bonuses awarded are as follows: Class of 2010 — $7,500 Class of 2009 — $10,000 Class of 2008 — $15,000 Class of 2007 — $20,000 Class of 2006 — $25,000 Class of 2005 — $30,000 Class of 2004 — $37,500

Proskauer Rose follows Cravath bonus scale abovethelaw.com Tue, Dec 6, 2011