Cravath is the market leader in compensation. It is usually amongst the first firms to announce bonuses and other firms are quick to emulate it. Salary is based on a set, lock-step scale, and the firm has not announced any salary freezes. Bonuses at Cravath require billing 2000 hours, but every associate is virtually guaranteed to bill significantly more than that. Like salary, bonuses are entirely lock-step as well based on year.
Lawyers 2012 Compensation for entry level lawyers is $160,000per year
Summer 2012 Compensation for Post-3Ls $3,077 per week
Summer 2012 Compensation for Post-2Ls $3,077 per week
Summer 2012 Compensation for Post-1Ls $3,077 per week
Title | Branch/ City |
Exp. year | Period | Avg Base Salary |
---|---|---|---|---|
Associate | New York City | 1st Year | Yearly | $190,000.00 |
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