Cravath, Swaine & Moore will pay bonuses at 2012 levels

An internal memo reveals that bonuses are still nowhere near their 2007 highs

Young lawyers banking on big bonuses this year better think again — at least those who work at the New York-based firm Cravath, Swaine & Moore.

According to an internal memo reviewed by The Wall Street Journal, junior attorneys at Cravath will receive $10,000 bonuses, and those juniors with the most experience will get $60,000, the WSJ reported.

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Erin E. Harrison

Erin E. Harrison is the Editor in Chief of InsideCounsel magazine. Harrison’s professional background includes extensive expertise in both print and online media, highlighted by...

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