Cravath Billable Hours
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FAQ | Cravath, Swaine & Moore LLP
- https://www.cravath.com/careers/legal-hiring/recruiting/faq.html
- We do not have minimum billable hours requirements, and billable hours are not considered when determining salary or bonuses. We have lock‑step compensation at the associate level. Because all your work comes through the partner(s) to whom you have been …
Cravath, Swaine & Moore LLP - The Inside View - Chambers …
- https://www.chambers-associate.com/cravath-swaine-moore/true-picture/3830/1
- Billable hours: no requirement. Summers 2022: 119. Revenue 2021: undisclosed. Partners made in 2021: 6 (effective January 2022) Famous for: Cravath system, salary-setter, New …
Law firms Cravath, McDermott roll out associate bonuses
- https://www.reuters.com/legal/legalindustry/cravath-law-firm-keeps-bonuses-steady-cooler-us-legal-market-2022-11-30/
- Cravath's bonus eligibility is not tied to billable hours criteria, the firm's leaders said in their memo, noting that "virtually all" associates will get the full bonus, which is dependent...
More law firms join end-of-year bonus race following Cravath
- https://www.reuters.com/legal/legalindustry/more-law-firms-join-end-of-year-bonus-race-following-cravath-2021-11-24/
- Cadwalader said in its Tuesday bonus announcement that its associates working 2,200 or more billable hours this year will receive 120% of the firm's set year …
Associate Compensation Scorecard: Biglaw’s 2021 …
- https://abovethelaw.com/2021/11/biglaw-bonus-tracker-2021/
- Since we broke the news of the market bonus scale for associates at large law firms in the United States — a trend started by Cravath on Monday, November 22, …
Sidley Announces Bonuses That Some Associates …
- https://abovethelaw.com/2020/12/sidley-bonus-2020/
- More importantly, the 2,000 hour requirement to get the “full” special bonus includes essentially unlimited non-client billable hours. Although in principle those are …
Cravath hours: are they that insane or is my friend Forum
- https://www.top-law-schools.com/forums/viewtopic.php?t=283666
- Cravath hours: are they that insane or is my friend Forum. Forum rules. Anonymous Posting. Anonymous posting is only appropriate when you are revealing …
The most prominent law firms without billable hours
- https://cloutlegal.com/blog/law-firms-without-billable-hours/
- Yes, law firms without billable hours are real. But, even in this post-2008 and mid-2020 world, time billing is still pretty much a norm (with a mix of alternative fee arrangements, for good measure). Some …
The Truth About the Billable Hour - Yale Law School
- https://law.yale.edu/sites/default/files/area/department/cdo/document/billable_hour.pdf
- One important aspect of law firm life that is nearly impossible to avoid is the “billable hour.” Most law firms make their money by billing their clients by the hour. In order to be …
Biglaw Salary Scale + Bonuses (1968 - 2023) – Biglaw …
- https://www.biglawinvestor.com/biglaw-salary-scale/
- This means that Cravath’s bonus announcement is almost always on Monday afternoon at the conclusion of the weekly meeting. Soon after the Cravath bonus memo is released, you can expect to see it posted on a …
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