Cravath bonus info is out

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Great resignation to be continued in January

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You mean Dec 18th

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Not the worst deal for younger attorneys since this isn’t structured as a special bonus meaning it’ll likely carry on over the years but would love to see it get topped

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HOW ARE WE SUPPOSED TO WORK UNDER THESE CONDITIONS??

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Meh….was hoping they’d be higher.

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Unimpressed, the difference will be erased by taxes for most years

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LFG! Pls strike the SALT deductions cap, thx

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I couldn’t even tell that they were different from last year’s.

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Cravath just setting itself up to be embarrassingly dunked on by DPW or similar. Kinda crazy how much of a dinosaur it’s starting to be.

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IBM STILL uses Lotus notes lol

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all eyes on DPW and Milbank…

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Everyone isn’t matching Cravath. Only like 5 firms have done so.

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Big letdown. First increase to year-end bonuses in five years and it’s basically an inflation adjustment. And where’s the special bonus carrot for staying past December?

Dozens of firms have the cash to come over the top. They won’t.

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This is ridiculous lol. Profits are up and it’s because of us. And we get 5k more? Nah. Waiting for another firm to raise again.

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Class of 2014. This amounts to an inflation adjustment. Not enough, considering the nightmare this year has been. I'll need more or I'm going in house.

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2015 here. Same.

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God I love delivering ham sandwich news🥳🥳🥳

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HAM AND MAYONNAISE SANDWICHES!

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Anyone hear anything about all Cravath associates also being given an iPad Pro+keyboard? If so, will be interesting to see if others match that as well.

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@cravath 1 was this alongside the bonus or way back?

Not shocked. Firms aren’t going to raise bonuses that much. They’ll make it up in supplemental bonuses (assuming they still need to retain people).

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I’m 100% for more money, so don’t take this the wrong way, but are people not counting the pretty large special bonuses paid throughout this year when saying the end of year bonus didn’t go up enough? I guess I was thinking the EoY bonus is a permanent thing so they wouldn’t be increasing it crazy amounts due to a one off busy year, but the special bonus was designed to deal with that. Im assuming if next year is anything like this year, they’d do something similar again (if there are any associates still around…) Thoughts??

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It’s never enough.

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I presume that they will get blown out of the water by DPW, Milbank or Willkie.

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I think it’ll be +5-10k across the board

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