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Cravath pay hike puts pressure on US legal rivals to respond

Cravath Swaine & Moore associates are in line for healthy bonuses with no billable hour quota

US legal giant pulls ahead as firms race to pay top talent
US legal giant pulls ahead as firms race to pay top talent Photo: Getty Images

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Cravath Swaine & Moore has set a new benchmark for pay at elite US law firms, heaping pressure on its rivals to match its latest hike.

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