Biglaw Bonus Watch (2013) Forum

[Monochromatic Oeuvre]

Meanwhile, the fucking PARNTERS at KIRKLAND & ELLIS are dropping cream-colored business cards with PARTNER emblazoned in letterpress type on the ladies at the club, and you're wiping your nose with the back of your hand and wheezing beneath the thumping music, "But it's just a sixth year associate" as he's going home with the 9 in moistened panties.

180.

"LOL breh check out this typo from KE, instead of saying they made 8 new partners this year they said 80 LOL" "...bro you're not gonna take this well but..."

[keg411]

These all made my morning .

[Old Gregg]

Cleary doubled Cravath. Let the bonus wars begin!!!!

[lawstudent_87]

you're such a lying bastard

[thesealocust]

[Old Gregg]

I thought the first response would be some self righteous aspie gleefully telling me how wrong I am and pasting a link to ATL. TLS exceeded my expectations.

But seriously, I love how every ATL post is structured like this...

Will the bonus beat Cravath? There's a possibility. I mean, it's likely. Click to find out.

<<<<click>>>>

No, they just matched Cravath.


What a shit blog.

[WhirledWorld]

I thought the first response would be some self righteous aspie gleefully telling me how wrong I am and pasting a link to ATL. TLS exceeded my expectations.

But seriously, I love how every ATL post is structured like this...

Will the bonus beat Cravath? There's a possibility. I mean, it's likely. Click to find out.

<<<<click>>>>

No, they just matched Cravath.


What a shit blog.

Lat's gotta farm dem clicks.

[thesealocust]

In their defense, it probably works as very effective click baiting (can't argue with success, etc.)

[KaNa1986]

Cleary isn't a market leader.

[911 crisis actor]

Wow

Are you a 0L?

[dixiecupdrinking]

In their defense, it probably works as very effective click baiting (can't argue with success, etc.)

This is pretty much the only time of the year ATL is worth reading anymore so let them have their fun, I guess, even if it is just a sad echo of the days when there would actually be some suspense (and optimism!) about bonuses.

[Big Shrimpin]

In their defense, it probably works as very effective click baiting (can't argue with success, etc.)

This is pretty much the only time of the year ATL is worth reading anymore so let them have their fun, I guess, even if it is just a sad echo of the days when there would actually be some suspense (and optimism!) about bonuses.

Yep. Ugh.

[wert3813]

Cravath probably realizing they miscalculated bonuses after these new jerbs numbers this morning.

[thelawyler]

Cravath probably realizing they miscalculated bonuses after these new jerbs numbers this morning.

Yeah, seems to be optimism generally in the economy (well, muted optimism at best I guess)

[84651846190]

Cravath probably realizing they miscalculated bonuses after these new jerbs numbers this morning.

Yeah, seems to be optimism generally in the economy (well, muted optimism at best I guess)

The economy is optimistic because everyone decided not to sue each other anymore. We're fukt.

[TTRansfer]

Cravath probably realizing they miscalculated bonuses after these new jerbs numbers this morning.

Yeah, seems to be optimism generally in the economy (well, muted optimism at best I guess)

The economy is optimistic because everyone decided not to sue each other anymore. We're fukt.

This is not the America I know and love!

[84651846190]

Cravath probably realizing they miscalculated bonuses after these new jerbs numbers this morning.

Yeah, seems to be optimism generally in the economy (well, muted optimism at best I guess)

The economy is optimistic because everyone decided not to sue each other anymore. We're fukt.

This is not the America I know and love!

God, I hope so.

[thelawyler]

So Willkie and Shearman match. This news isn't very exciting.

[dj_roomba]

Pardon my ignorance but does almost every other firm either match Cravath or offer lower?

I remember a link I saw here that had compensation for each and every firm. It was widely varied for the firms but it was pre-2007.

Are 50k-75k for first years unheard of now except for WRLK (do they even offer that?)

[wert3813]

Pardon my ignorance but does almost every other firm either match Cravath or offer lower?

I remember a link I saw here that had compensation for each and every firm. It was widely varied for the firms but it was pre-2007.

Are 50k-75k for first years unheard of now except for WRLK (do they even offer that?)

Boies or Susman maybe but others can speak better.

[stillwater]

So Willkie and Shearman match. This news isn't very exciting.

i had expected WIllkie to SHATTER the market.

[Big Shrimpin]

So Willkie and Shearman match. This news isn't very exciting.

i had expected WIllkie to SHATTER the market.

Well we all know K&E will be SHATTERING.

[thesealocust]

Pardon my ignorance but does almost every other firm either match Cravath or offer lower?

I remember a link I saw here that had compensation for each and every firm. It was widely varied for the firms but it was pre-2007.

Are 50k-75k for first years unheard of now except for WRLK (do they even offer that?)

The market has historically been set by a small handful of firms in NYC and "matched" by over 90%+ of major law firms. Matched is in quotes because eligibility for bonuses can actually vary wildly, as can the percentage of associates meeting even identical targets.

50-75K bonuses were never realistic for first years. There may have been one year where the was a special bonus or something?

WLRK historically offers a large percentage (up to 100%) of base salary in bonus, and as others have pointed out a few other (small, relatively speaking) firms also offer potentially above market bonuses. K&E and Quinn might be the largest firms which realistically offer an expectation of above market compensation (based on hours).

[Old Gregg]

So Willkie and Shearman match. This news isn't very exciting.

i had expected WIllkie to SHATTER the market.

Only one firm can SHATTER if we follow the bonus meme history books.

[Big Shrimpin]

K&E bonus memo just dropped:

TO: The fucking sons-of-bitches at KIRKLAND & ELLIS LLP

FR: Uncle Weymouth

RE: MARKET SHATTERING BONUSES

CLASS OF 2012: SHATTERS THE MARKET

CLASS OF 2011: SHATTERS THE MARKET

CLASS OF 2010: SHATTERS THE MARKET

CLASS OF 2009: SHATTERS THE MARKET

CLASS OF 2008: SHATTERS THE MARKET

CLASS OF 2007: YOU'RE A PARTNER