keg411 wrote:Anonymous User wrote:keg411 wrote:joeshmo39 wrote:During my Kirkland NYC callback a 4th or 5th year associate explained, very excitedly, that she didn't mind her commute because she could bill that time reading depos or briefs. She was certain no one else was thinking of this, and it let her get her billables up. "So what if my commute is an extra hour a day, I can bill that time! I really need to get up there so I can make partner." I got this vibe from several people at Kirkland, they just didn't seem loose at all. Maybe it was a busy day, maybe it was the people I met. Kirkland does have that rep though, and my visit did nothing to convince me it wasn't true. Of course, they're good at what they do, no doubt.
That's so... Kirkland. Free market system + black box compensation will do that to you.
Compensation at K&E isn't black box. It's market base salary + bonus, which is higher than market the more you bill 2,000 or so hours (varies in either direction, depending on the state of the firm). The only x factor is how much more than market you'll make. Jones Day is black box.
I know the bonus is higher then market, but for some reason I didn't think it was solely hours based. Although I suppose that makes it even worse since then you're really fighting over work.
I can't quite understand why you continue to bash K&E. No one's "fighting" for work. There's plenty of work to go around and the firm is extremely busy. I can count the number of times I've had to compete for work (zero) and lose count of the number of times I've had to turn down work.
In terms of bonus, it isn't strictly hours based. It's based on quality and quantity, and the entire process is extremely transparent.