Two More Firms Match Cravath on Bonuses

Was everyone waiting to see what Skadden would do? Now that Skadden has fallen in line, it looks as though everyone else Is going to play ball too. Today, Willkie Farr and Simpson Thatcher & Bartlett both announced their bonus schedules and they’re a match for Cravath. New associates will get $7500 and the scale slides on up to cap out at $30k.