Wake Up Call: Law Firm Will Pay Bigger Bonuses Than Cravath

• Greenberg Gross, a 17-lawyer California firm, said it will pay its associates bonuses at least $5,000 more than the level set by Cravath, Swaine & Moore. The firm also announced new Los Angeles headquarters, to be headed by Howard Privette, chairman of the firm’s class actions practice. It announced the hire of Milbank, Tweed, Hadley & McCloy partner Aluyah Imoisili. ( The Recorder )

• Andrew J. Ceresney said he will leave his job as head of the U.S. Securities and Exchange Commission’s enforcement division ahead of an expected shift in the agency’s enforcement priorities under President-elect Donald Trump. His boss, SEC Chair Mary Jo White, said in November she planned ...