Biglaw Bonus Watch (2013)

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How will bonuses compare to last year?

Up
21
22%
Same
66
68%
Down
10
10%
 
Total votes: 97

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Big Shrimpin
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Re: Biglaw Bonus Watch (2013)

Postby Big Shrimpin » Mon Nov 25, 2013 1:06 am

Anonymous User wrote:The speculation around Cravath is that the bonus memo will drop around 4 pm Monday and the scale will be the same as last year or marginally higher.


HOAPS for "marginally higher."

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NinerFan
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Re: Biglaw Bonus Watch (2013)

Postby NinerFan » Mon Nov 25, 2013 8:58 am

Big Shrimpin wrote:
Anonymous User wrote:The speculation around Cravath is that the bonus memo will drop around 4 pm Monday and the scale will be the same as last year or marginally higher.


HOAPS for "marginally higher."


Even if it's marginally higher, it will probably only be higher at the mid-senior level.

Anonymous User
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Re: Biglaw Bonus Watch (2013)

Postby Anonymous User » Mon Nov 25, 2013 2:25 pm

So, if pre-'08 bonuses were around $35k, what are they now?

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Old Gregg
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Re: Biglaw Bonus Watch (2013)

Postby Old Gregg » Mon Nov 25, 2013 2:34 pm

Anonymous User wrote:So, if pre-'08 bonuses were around $35k, what are they now?


Google it, dumbass.

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thesealocust
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Re: Biglaw Bonus Watch (2013)

Postby thesealocust » Mon Nov 25, 2013 3:17 pm

:lol:

If I could compress that exchange into my avatar, I probably would...

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ExBiglawAssociate
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Re: Biglaw Bonus Watch (2013)

Postby ExBiglawAssociate » Mon Nov 25, 2013 5:01 pm

*loiters ITT*

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Big Shrimpin
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Re: Biglaw Bonus Watch (2013)

Postby Big Shrimpin » Mon Nov 25, 2013 5:07 pm

Biglaw_Associate_V20 wrote:*loiters ITT*

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thesealocust
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Re: Biglaw Bonus Watch (2013)

Postby thesealocust » Mon Nov 25, 2013 5:15 pm

Big Shrimpin wrote:
Biglaw_Associate_V20 wrote:*loiters ITT*

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Big Shrimpin
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Re: Biglaw Bonus Watch (2013)

Postby Big Shrimpin » Mon Nov 25, 2013 6:20 pm

Very surprised. I'm guessing next Monday, then? Or later?

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ExBiglawAssociate
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Re: Biglaw Bonus Watch (2013)

Postby ExBiglawAssociate » Mon Nov 25, 2013 6:23 pm

Big Shrimpin wrote:Very surprised. I'm guessing next Monday, then? Or later?


Has Cravath ever announced in December before? I'm pretty sure that would be unprecedentedly late.

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Big Shrimpin
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Re: Biglaw Bonus Watch (2013)

Postby Big Shrimpin » Mon Nov 25, 2013 6:25 pm

Biglaw_Associate_V20 wrote:
Big Shrimpin wrote:Very surprised. I'm guessing next Monday, then? Or later?


Has Cravath ever announced in December before? I'm pretty sure that would be unprecedentedly late.


Last year was the last Monday in November. Don't feel like data mining the ATL site for earlier dates, 'doe.

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5ky
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Re: Biglaw Bonus Watch (2013)

Postby 5ky » Mon Nov 25, 2013 6:35 pm

A non-Cravath firm should be bold and rush to put out their own in an attempt to be the trend-setting this year

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thesealocust
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Re: Biglaw Bonus Watch (2013)

Postby thesealocust » Mon Nov 25, 2013 6:36 pm

I know it's usually around thanksgiving, but I feel like it's been in December before?

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Big Shrimpin
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Re: Biglaw Bonus Watch (2013)

Postby Big Shrimpin » Mon Nov 25, 2013 6:45 pm

After spending my late afternoon at the DMV in herald square today, I had been really looking forward to bonus news. :-(

Anonymous User
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Re: Biglaw Bonus Watch (2013)

Postby Anonymous User » Mon Nov 25, 2013 6:48 pm

Big Shrimpin wrote:After spending my late afternoon at the DMV in herald square today, I had been really looking forward to bonus news. :-(


Book an appointment - I had a transaction that took me literally 19 minutes from walking in to being done as a result. I was shocked.

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Big Shrimpin
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Re: Biglaw Bonus Watch (2013)

Postby Big Shrimpin » Mon Nov 25, 2013 6:58 pm

Anonymous User wrote:
Big Shrimpin wrote:After spending my late afternoon at the DMV in herald square today, I had been really looking forward to bonus news. :-(


Book an appointment - I had a transaction that took me literally 19 minutes from walking in to being done as a result. I was shocked.


Duly noted. I derped hard and didn't check the expiration date on my passport (exchanging OOS driver license for NY), so I have to go back anyway.

But TBF, it's been nice not being so busy at work recently, so ill take trips to the dmv and won't even complain...that much.

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Old Gregg
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Re: Biglaw Bonus Watch (2013)

Postby Old Gregg » Mon Nov 25, 2013 7:16 pm

If not announced before Thanksgiving, it's bad news bears.

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NinerFan
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Re: Biglaw Bonus Watch (2013)

Postby NinerFan » Mon Nov 25, 2013 7:28 pm

5ky wrote:A non-Cravath firm should be bold and rush to put out their own in an attempt to be the trend-setting this year


Too much risk for most firms. If you try to set the bar higher, like has been tried in the past, and no one follows, you just wasted $$

dixiecupdrinking
Posts: 3139
Joined: Sun Oct 26, 2008 2:39 pm

Re: Biglaw Bonus Watch (2013)

Postby dixiecupdrinking » Mon Nov 25, 2013 7:49 pm

Honestly what on earth is the incentive to set the market anyway? None of the firms that could do it are exactly hurting for willing recruits.

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thesealocust
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Re: Biglaw Bonus Watch (2013)

Postby thesealocust » Mon Nov 25, 2013 8:02 pm

dixiecupdrinking wrote:Honestly what on earth is the incentive to set the market anyway? None of the firms that could do it are exactly hurting for willing recruits.


Firms, particularly the ones in any danger of setting/shattering the market, habitually struggle with attrition/retention. Getting snot-nosed law students in the door is one thing, keeping them (or at least the worthwhile ones) more than a year is another.

09042014
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Re: Biglaw Bonus Watch (2013)

Postby 09042014 » Mon Nov 25, 2013 8:08 pm

I suspect cravath likes setting the market so that they don't have to match what other MARkET SHATTERing firms do. If you are later you aren't setting the market you are failing to meet the market. Other firms just don't want to overpay.

itbdvorm
Posts: 1573
Joined: Tue Aug 17, 2010 9:09 am

Re: Biglaw Bonus Watch (2013)

Postby itbdvorm » Mon Nov 25, 2013 9:39 pm

Big Shrimpin wrote:
Anonymous User wrote:
Big Shrimpin wrote:After spending my late afternoon at the DMV in herald square today, I had been really looking forward to bonus news. :-(


Book an appointment - I had a transaction that took me literally 19 minutes from walking in to being done as a result. I was shocked.


Duly noted. I derped hard and didn't check the expiration date on my passport (exchanging OOS driver license for NY), so I have to go back anyway.

But TBF, it's been nice not being so busy at work recently, so ill take trips to the dmv and won't even complain...that much.


this is your 2013 bonus right here

to those getting nervous - has it been last monday in November or first monday after thanksgiving?

User avatar
Big Shrimpin
Posts: 2468
Joined: Fri Oct 24, 2008 12:35 pm

Re: Biglaw Bonus Watch (2013)

Postby Big Shrimpin » Mon Nov 25, 2013 11:15 pm

itbdvorm wrote:
Big Shrimpin wrote:
Anonymous User wrote:
Big Shrimpin wrote:After spending my late afternoon at the DMV in herald square today, I had been really looking forward to bonus news. :-(


Book an appointment - I had a transaction that took me literally 19 minutes from walking in to being done as a result. I was shocked.


Duly noted. I derped hard and didn't check the expiration date on my passport (exchanging OOS driver license for NY), so I have to go back anyway.

But TBF, it's been nice not being so busy at work recently, so ill take trips to the dmv and won't even complain...that much.


this is your 2013 bonus right here

to those getting nervous - has it been last monday in November or first monday after thanksgiving?


Yeah in some years I think it's the Monday after.

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Old Gregg
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Re: Biglaw Bonus Watch (2013)

Postby Old Gregg » Mon Nov 25, 2013 11:20 pm

Big Shrimpin wrote:
Yeah in some years I think it's the Monday after.


In bad years. It's basic PR.

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Big Shrimpin
Posts: 2468
Joined: Fri Oct 24, 2008 12:35 pm

Re: Biglaw Bonus Watch (2013)

Postby Big Shrimpin » Mon Nov 25, 2013 11:29 pm

zweitbester wrote:
Big Shrimpin wrote:
Yeah in some years I think it's the Monday after.


In bad years. It's basic PR.


(peppers thy angus)




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