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US law firms have kicked off an end of year bonus battle with up to $100,000 available to junior lawyers

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The UK’s Magic Circle law firms face a tough choice over whether or not to jump into an end-of-year bonus war kicked off by elite Wall Street law firm Cravath, Swaine & Moore.

The bonus scale paid by Cravath to its junior lawyers is seen as the gold standard in the US legal industry and its lead is generally followed by the top US and UK law firms.

UK Magic Circle law firms on the fence over end-of-year bonuses for juniors

UK Magic Circle law firms on the fence over end-of-year bonuses for juniors as pressure mounts from US firms

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