| 2023 compensation for entry-level lawyers ($/year) | 215000 |
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Summer Compensation |
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| 2023 compensation for Post-3Ls ($/week) | 4135 |
| 2023 compensation for 2Ls ($/week) | 4135 |
| 2023 compensation for 1Ls ($/week) | 4135 |
| Judicial Clerkship Bonus? | Yes |
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| Compensation/progression credit for judicial clerkship? | Yes |
| Compensation/progression credit for other advanced degrees? | No |
| Other Compensation |
Those who earn a joint JD/MBA degree and join the Firm directly following graduation from the joint degree program or a clerkship, will be paid a bonus. |
| Benefits |
401(k)/IRA/Other Retirement Plan Bar Association Fees Business Casual Dress Code CLE Dental Insurance Employee Assistance Program Family/Dependent Care Leave Flexible Spending Account/Pre-Tax Option Health Club Membership Life/AD&D Insurance Long-term Disability Insurance Medical Insurance Health Savings Account Parental Leave Parking/Transportation Relocation Expenses Short-term Disability Insurance Sick Leave Technology (Laptop, PDA, etc.) Vacation Leave Vision Insurance |
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| Please describe benefit package or provide additional comments |
Life insurance for eligible associates, their spouses and/or children; short- and long-term disability insurance; vision care insurance; critical illness insurance; business travel accident insurance; Firm-paid memberships for employees and their families to concierge-type primary care providers; emergency medical transportation coverage; on-site no-cost wellness exams; on-site flu shot program; meditation benefits; Employee Assistance Program; health club memberships; bike sharing memberships; discounts for home/auto/renters insurance, pet insurance, student loan refinancing benefits; defensive driving classes; ID theft benefits; back-up child care resources; elder care; broker and relocation fees; bar fees; biennial attorney registration fee; Flexible Spending Accounts, Health Savings Accounts; pre-tax mass transit benefit; pre-tax parking benefit; bank-at-work program, on-site cafeteria; and on-site ATMs. All lawyers are provided with a laptop and mobile device and supplemental techonology reimbursement. |
| Associate base salary (excluding bonuses) is determined by | A set lock-step system (same base salary for each class year) |
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| If not strictly a set lock-step system, what criteria are used to determine associate base salaries (excluding bonuses)? (check all that apply) |
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Annual bonuses to eligible associates |
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| Has your organization offered annual bonuses to eligible associates in the past five years? | Yes |
| Comments | |
| What factors are used to determine the amount of an associate's bonus? (check all that apply) | Other |
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Same sex domestic partner benefits |
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| Are same sex domestic partners afforded the same benefits as spouses of attorneys? | No |
| If not, what (if any) benefits are provided to same sex domestic partners? |
Our policy provides benefits to opposite-sex and same-sex spouses of Cravath attorneys; the Firm does not provide benefits to domestic partners of Cravath attorneys, regardless of whether the domestic partners are opposite-sex or same-sex. |
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Opposite sex domestic partner benefits |
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| Are opposite sex domestic partners afforded the same benefits as spouses of attorneys? | No |
| If not, what (if any) benefits are provided to opposite sex domestic partners? |
Our policy provides benefits to opposite-sex and same-sex spouses of Cravath attorneys; the Firm does not provide benefits to domestic partners of Cravath attorneys, regardless of whether the domestic partners are opposite-sex or same-sex. |
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Parental leave or family care policy |
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| Does your organization have a written parental leave or family care policy? | Yes |
| Please link to or describe your firm's parental leave policy. Be sure to include information on leave for adoption, surrogacy, or other special circumstances. |
Paid parental leave (primary caregiver): Paid parental leave (secondary caregiver): |