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US bonus season gets underway as firms cut back associate handouts

Author: Sofia Lind

27 Nov 2008 | 05:02 | secure

Cravath Swaine & Moore and Skadden Arps Slate Meagher & Flom have kicked off the New York bonus round with Cravath confirming that its bonuses are set to halve this year. Both firms have also scrapped the special 'one-off' bonus brought in during last year's boom. The decision means associates at Cr ...

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