Cravath Announces Bonuses After Big Salary Jump

Cravath, Swaine & Moore has announced associate year-end bonuses ranging from $15,000 to $100,000, depending on seniority.

The news was reported by the legal blog Above the Law , which published a copy of the memo signed by four firm leaders including Faiza J. Saeed, its newly elected presiding partner who will assume that role on January 1.

The bonuses are the same as last year and will be paid on Friday Dec. 16. They come after Cravath made headlines this summer when it raised base salaries for associates, translating to a raise of $160,000 to $180,000 for the most junior— ...