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Skadden and Simpson Match Cravath's Year-End Bonus

published November 30, 2012

By CEO and Founder - BCG Attorney Search left
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( 1 vote, average: 4.8 out of 5)
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11/30/12

Skadden and Simpson Match Cravath's Year-End Bonus



Skadden and Simpson have also announced their year-end bonus amounts and both firms will be matching industry-leader Cravath according to Reuters. Cravath's bonus scale ranged from $10,000 for the class of 2012 and 2011 to $60,000 for the class of 2004.

Skadden will be paying its associates on December 21, the same day as Cravath. Simpson will be giving out the bonuses on December 28. The bonus amounts are a big improvement compared to last year's amounts, which ranged from $7,500 to $37,500 for Skadden and $42,500 for Simpson. But the amounts still fall short for the BigLaw firms when compared to their pre-recession peaks. All three firms had paid bonus amounts (both regular and special) ranging from $45,000 for first-year associates to $110,000 to senior associates.

Alternative Summary

Harrison is the founder of BCG Attorney Search and several companies in the legal employment space that collectively gets thousands of attorneys jobs each year. Harrison’s writings about attorney careers and placement attract millions of reads each year. Harrison is widely considered the most successful recruiter in the United States and personally places multiple attorneys most weeks. His articles on legal search and placement are read by attorneys, law students and others millions of times per year.

More about Harrison

About LawCrossing

LawCrossing has received tens of thousands of attorneys jobs and has been the leading legal job board in the United States for almost two decades. LawCrossing helps attorneys dramatically improve their careers by locating every legal job opening in the market. Unlike other job sites, LawCrossing consolidates every job in the legal market and posts jobs regardless of whether or not an employer is paying. LawCrossing takes your legal career seriously and understands the legal profession. For more information, please visit www.LawCrossing.com.

published November 30, 2012

By CEO and Founder - BCG Attorney Search left
( 1 vote, average: 4.8 out of 5)
What do you think about this article? Rate it using the stars above and let us know what you think in the comments below.

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