US firms vie for bragging rights to staff bonuses
The US bonus war is in full swing with a trio of New York’s elite firms announcing whopping end-of-year sweeteners for associates. Sullivan & Cromwell announced a $20,000 (£10,400) bonus for first-year associates last month (26 November), in addition to the one-off $10,000 (£5,200) windfall the firm unveiled in October. Last week, M&A powerhouse Cravath Swaine & Moore […]