US firm Davis Polk follows the leader on bonuses

US firm Davis Polk & Wardwell has announced its annual bonuses for associates, matching the rates set by Cravath Swaine & Moore last month The Cravath bonus scale starts at $7,500 for the class of 2010 and increases incrementally to $37,500 for the class of 2004. Cravath has no associates that joined the firm before 2004, but Davis Polk has announced that it will grant $42,500 to associates from the class of 2003 above. Individual bonuses will also be awarded to counsel and other attorneys with special arrangements.

US firm Davis Polk follows the leader on bonuses legalweek.com Mon, Dec 19, 2011