Simpson Thacher hands out $25K bonuses as rivals debate associate pay
Simpson Thacher & Bartlett has become the first law firm to follow Milbank Tweed Hadley & McCloy’s surprise increase in associate salaries, with further bonuses announced for its lawyers worldwide. The scale at Simpson will match Milbank’s, it was announced yesterday. This means first year associates will pick up $190,000 while lawyers with eight years […]