Cravath pays bonuses at 2012 rates

December 4, 2013 New York law firm Cravath, Swaine & Moore has announced its associate bonuses for 2013, and event watched very closely by other US law firms, since Cravath has traditionally set the sector standard for bonuses.

Cravath has opted to pay end-of-year bonuses at the same level paid in 2012 - a cautious move in a market that shows only modest growth.

The range of bonuses goes from $10,000 to $60,000, bolstering base salaries that range from $160,000 to around $265,000.

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