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

Anonymous User
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Re: Biglaw Bonus Watch (2013)

Postby Anonymous User » Sun Dec 08, 2013 2:21 pm

Big Shrimpin wrote:
echooo23 wrote:
Anonymous User wrote:i gotta post this anon to protect my source but Jan 3, DLA Piper to 190


For real?


I'm going to need a verification that the source has been vetted.


original tipster here. I can confirm that the source is high within the organization (not just some franchisee but someone who has power within the franchise-issuing body itself).

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Big Shrimpin
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Re: Biglaw Bonus Watch (2013)

Postby Big Shrimpin » Sun Dec 08, 2013 2:25 pm

Anonymous User wrote:
Big Shrimpin wrote:
echooo23 wrote:
Anonymous User wrote:i gotta post this anon to protect my source but Jan 3, DLA Piper to 190


For real?


I'm going to need a verification that the source has been vetted.


original tipster here. I can confirm that the source is high within the organization (not just some franchisee but someone who has power within the franchise-issuing body itself).


I should open a DLA franchise...

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TTRansfer
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Re: Biglaw Bonus Watch (2013)

Postby TTRansfer » Sun Dec 08, 2013 7:38 pm

Big Shrimpin wrote:
Anonymous User wrote:original tipster here. I can confirm that the source is high within the organization (not just some franchisee but someone who has power within the franchise-issuing body itself).


I should open a DLA franchise...


"Don't call us lawyers. Call us law artists."

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goldeneye
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Re: Biglaw Bonus Watch (2013)

Postby goldeneye » Sun Dec 08, 2013 11:19 pm

It would be laughable for them to go to 190. They pay 145 in some major markets. Frankly I'm not even sure many firms would follow them of they did that.

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thesealocust
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Re: Biglaw Bonus Watch (2013)

Postby thesealocust » Sun Dec 08, 2013 11:19 pm

goldeneye wrote:It would be laughable for them to go to 190. They pay 145 in some major markets. Frankly I'm not even sure many firms would follow them of they did that.


Hi.

Are you new here?

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goldeneye
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Re: Biglaw Bonus Watch (2013)

Postby goldeneye » Mon Dec 09, 2013 12:47 am

Define new. Mainly I just wanted to inject an opinion so I could just click view my posts.

I also made the DLA to 190,000 attorney joke but accidental made it anon.
Last edited by goldeneye on Mon Dec 09, 2013 10:26 am, edited 1 time in total.

911 crisis actor
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Re: Biglaw Bonus Watch (2013)

Postby 911 crisis actor » Mon Dec 09, 2013 7:56 am

Everybody should just relax and ENJOY the DLA Piper jokes, jeez

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Old Gregg
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Re: Biglaw Bonus Watch (2013)

Postby Old Gregg » Mon Dec 09, 2013 11:39 am

We’ve got the announcements from Cadwalader and Proskauer Rose for your viewing pleasure. Did either firm have the guts to top Cravath’s market rate?


Of course not. Don’t be silly. The only things here that are different from the Cravath bonuses are the dates the money will hit bank accounts.


Fuck you Staci.

911 crisis actor
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Re: Biglaw Bonus Watch (2013)

Postby 911 crisis actor » Tue Dec 10, 2013 4:53 pm

Looks like bonus season is done

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stillwater
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Re: Biglaw Bonus Watch (2013)

Postby stillwater » Tue Dec 10, 2013 4:57 pm

911 crisis actor wrote:Looks like bonus season is done


who said it was done?

Anonymous User
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Re: Biglaw Bonus Watch (2013)

Postby Anonymous User » Tue Dec 10, 2013 5:46 pm

It seems that other firms don't follow K&E, Cahill, Boies, etc. when they beat the Cravath bonus, but what would happen if a firm like S&C beats Cravath? Would firms who haven't announced yet match S&C? What about the firms who have already matched Cravath? Just wondering what if anything there is left to watch for.

Anonymous User
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Re: Biglaw Bonus Watch (2013)

Postby Anonymous User » Tue Dec 10, 2013 5:53 pm

Anonymous User wrote:It seems that other firms don't follow K&E, Cahill, Boies, etc. when they beat the Cravath bonus, but what would happen if a firm like S&C beats Cravath? Would firms who haven't announced yet match S&C? What about the firms who have already matched Cravath? Just wondering what if anything there is left to watch for.


S&C is the market leader when it comes to spring bonuses. However, when was the last time a firm tried to beat the Cravath for fall bonuses and succeeded (I know Skadden failed in 2008)?

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Old Gregg
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Re: Biglaw Bonus Watch (2013)

Postby Old Gregg » Tue Dec 10, 2013 6:09 pm

S&C beat Cravath at the higher end of the seniority scale one year (or maybe even two years). Which firms followed was a mixed bag.

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Re: Biglaw Bonus Watch (2013)

Postby Anonymous User » Wed Dec 11, 2013 11:04 am

Boies makes it rain. Average associate to get $85k

http://nyti.ms/18Bjv3U

Murphy1022
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Re: Biglaw Bonus Watch (2013)

Postby Murphy1022 » Wed Dec 11, 2013 11:06 am

Boies, Schiller & Flexner making $300k bonuses. Insane.

http://dealbook.nytimes.com/2013/12/11/ ... uses/?_r=0

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stillwater
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Re: Biglaw Bonus Watch (2013)

Postby stillwater » Wed Dec 11, 2013 11:11 am

is it fair to say that Boies SHATTERED THE MARKET

Anonymous User
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Re: Biglaw Bonus Watch (2013)

Postby Anonymous User » Wed Dec 11, 2013 11:20 am

stillwater wrote:is it fair to say that Boies SHATTERED THE MARKET


I guess since they're not a lockstep firm, then no. But if I'm at Cravath, which I may or may not be, this is pretty enticing. Granted, I'm not sure what happens to Boies when David "retires" but still...

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Re: Biglaw Bonus Watch (2013)

Postby Anonymous User » Wed Dec 11, 2013 11:41 am

Anonymous User wrote:
stillwater wrote:is it fair to say that Boies SHATTERED THE MARKET


I guess since they're not a lockstep firm, then no. But if I'm at Cravath, which I may or may not be, this is pretty enticing. Granted, I'm not sure what happens to Boies when David "retires" but still...


They'll get bought out by DLA Piper. I've heard it from my source at both firms.

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Old Gregg
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Re: Biglaw Bonus Watch (2013)

Postby Old Gregg » Wed Dec 11, 2013 11:47 am

Anonymous User wrote:
stillwater wrote:is it fair to say that Boies SHATTERED THE MARKET


I guess since they're not a lockstep firm, then no.


That's kind of moving the goal posts. Was the market set by Cravath? Yes. Did Boies easily beat it? Yes.

Who gives a fuck if they're lockstep or not.

911 crisis actor
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Re: Biglaw Bonus Watch (2013)

Postby 911 crisis actor » Wed Dec 11, 2013 11:50 am

Lol @ NYT breaking the news before ATL, you had one job

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Old Gregg
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Re: Biglaw Bonus Watch (2013)

Postby Old Gregg » Wed Dec 11, 2013 12:03 pm

911 crisis actor wrote:Lol @ NYT breaking the news before ATL, you had one job


And that one opportunity for Staci to actually legit say...

"And did they beat the market? Click to find out...

<<<click>>>

YES THEY DID."

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thesealocust
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Re: Biglaw Bonus Watch (2013)

Postby thesealocust » Wed Dec 11, 2013 12:03 pm

No amount of money is worth (*shudder*) litigating.

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Big Shrimpin
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Re: Biglaw Bonus Watch (2013)

Postby Big Shrimpin » Wed Dec 11, 2013 12:05 pm

911 crisis actor wrote:Lol @ NYT breaking the news before ATL, you had one job


This was the biggest LJL for me.

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vanwinkle
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Re: Biglaw Bonus Watch (2013)

Postby vanwinkle » Wed Dec 11, 2013 12:08 pm

thesealocust wrote:No amount of money is worth (*shudder*) litigating.

:lol: :lol: :lol:

911 crisis actor
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Re: Biglaw Bonus Watch (2013)

Postby 911 crisis actor » Wed Dec 11, 2013 5:52 pm

stillwater wrote:
911 crisis actor wrote:Looks like bonus season is done


Now it's done




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