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Anonymous User wrote:

cusenation wrote:How do people think KE will respond for their own bonus scale?

It will be something like market is the floor, above 2,000 gets around 1.2x-1.3x market, 2,200-2,300 gets around 1.4x-1.5x market, 2,400-2,600 gets around 1.6x-2x the market. If you're above class or top of class (so a very small minority of each class year), you're looking at around 3x. Assuming they take into account this bump (during the last bump... they didn't, so bonuses were lackluster then as well).

Desert Fox wrote:

Anonymous User wrote:

cusenation wrote:How do people think KE will respond for their own bonus scale?

It will be something like market is the floor, above 2,000 gets around 1.2x-1.3x market, 2,200-2,300 gets around 1.4x-1.5x market, 2,400-2,600 gets around 1.6x-2x the market. If you're above class or top of class (so a very small minority of each class year), you're looking at around 3x. Assuming they take into account this bump (during the last bump... they didn't, so bonuses were lackluster then as well).

You think K&E is going to be paying 170k to 6th years who bill 2400? Seems pretty damn steep.

cusenation wrote:How do people think KE will respond for their own bonus scale?

Actus Reus wrote:

cusenation wrote:How do people think KE will respond for their own bonus scale?

you're not even an attorney yet holy shit dude.

chill out. plus, Kirkland bonuses rarely are worth the extra amount of work/life events you've missed

cusenation wrote:

Actus Reus wrote:

cusenation wrote:How do people think KE will respond for their own bonus scale?

you're not even an attorney yet holy shit dude.

chill out. plus, Kirkland bonuses rarely are worth the extra amount of work/life events you've missed

Why the reaction? can't be curious? Lol

In response to requests from associates that we update our compensation model for senior associates, this year there will be differentiated bonuses for associates in classes 2007 and senior. To more accurately reflect individual contributions to the Firm and our clients, distinctions will be based upon individual excellence, including quality of work, intensity of effort, depth of experience and Firm citizenship. While most of our associates in classes 2007 and senior will receive a bonus of $100,000, individual bonus amounts (which may be higher or lower) will be determined in the next two weeks applying the above criteria. Some associates in those classes will receive a bonus of $110,000 in recognition of extraordinary performance and intensity of effort. Payment will only be made to associates employed by the Firm on December 19th."

Anonymous User wrote:Skadden 2014 got pro-rated $4,500 (started: mid September 2014).

Anonymous User wrote:Skadden ‘Beats’ Simpson, Kinda

http://abovethelaw.com/2014/11/associat ... son-kinda/

QUOTED:
We’ve heard of Simpson matches for the classes of 2013, 2012, 2011, and 2010, which suggests matching up and down the scale. But for associates from the class of 2007 and more senior classes, the Friedman memo contains this language:

In response to requests from associates that we update our compensation model for senior associates, this year there will be differentiated bonuses for associates in classes 2007 and senior. To more accurately reflect individual contributions to the Firm and our clients, distinctions will be based upon individual excellence, including quality of work, intensity of effort, depth of experience and Firm citizenship. While most of our associates in classes 2007 and senior will receive a bonus of $100,000, individual bonus amounts (which may be higher or lower) will be determined in the next two weeks applying the above criteria. Some associates in those classes will receive a bonus of $110,000 in recognition of extraordinary performance and intensity of effort. Payment will only be made to associates employed by the Firm on December 19th."

Anonymous User wrote:

Anonymous User wrote:Skadden 2014 got pro-rated $4,500 (started: mid September 2014).

maybe other firms will now give spring bonuses to match Skadden

Anonymous User wrote:

Anonymous User wrote:Skadden ‘Beats’ Simpson, Kinda

http://abovethelaw.com/2014/11/associat ... son-kinda/

QUOTED:
We’ve heard of Simpson matches for the classes of 2013, 2012, 2011, and 2010, which suggests matching up and down the scale. But for associates from the class of 2007 and more senior classes, the Friedman memo contains this language:

In response to requests from associates that we update our compensation model for senior associates, this year there will be differentiated bonuses for associates in classes 2007 and senior. To more accurately reflect individual contributions to the Firm and our clients, distinctions will be based upon individual excellence, including quality of work, intensity of effort, depth of experience and Firm citizenship. While most of our associates in classes 2007 and senior will receive a bonus of $100,000, individual bonus amounts (which may be higher or lower) will be determined in the next two weeks applying the above criteria. Some associates in those classes will receive a bonus of $110,000 in recognition of extraordinary performance and intensity of effort. Payment will only be made to associates employed by the Firm on December 19th."

LOL. That's not beating the Simpson scale. Note that "or lower".

Anonymous User wrote:

Anonymous User wrote:Skadden ‘Beats’ Simpson, Kinda

http://abovethelaw.com/2014/11/associat ... son-kinda/

QUOTED:
We’ve heard of Simpson matches for the classes of 2013, 2012, 2011, and 2010, which suggests matching up and down the scale. But for associates from the class of 2007 and more senior classes, the Friedman memo contains this language:

In response to requests from associates that we update our compensation model for senior associates, this year there will be differentiated bonuses for associates in classes 2007 and senior. To more accurately reflect individual contributions to the Firm and our clients, distinctions will be based upon individual excellence, including quality of work, intensity of effort, depth of experience and Firm citizenship. While most of our associates in classes 2007 and senior will receive a bonus of $100,000, individual bonus amounts (which may be higher or lower) will be determined in the next two weeks applying the above criteria. Some associates in those classes will receive a bonus of $110,000 in recognition of extraordinary performance and intensity of effort. Payment will only be made to associates employed by the Firm on December 19th."

LOL. That's not beating the Simpson scale. Note that "or lower".

lhanvt13 wrote:http://abovethelaw.com/2014/11/associat ... h-simpson/

shearman, deb, and weil

Shearman is discretionary thoguh

Anonymous User wrote:DPW Scale

2014: 15,000 (pro rated)
2013: 15,000
2012: 25,000
2011: 50,000 (vs 40)
2010: 65,000 (vs 55)
2009: 80,000 (vs 70)
2008: 90,000 (vs 85)
2007+: 100,000

jbagelboy wrote:

Anonymous User wrote:DPW Scale

2014: 15,000 (pro rated)
2013: 15,000
2012: 25,000
2011: 50,000 (vs 40)
2010: 65,000 (vs 55)
2009: 80,000 (vs 70)
2008: 90,000 (vs 85)
2007+: 100,000

Well not quite a bidding "war," but at least a little skirmish. Come on S&C.. Shatter the shatterers.

utahraptor wrote:

jbagelboy wrote:

Anonymous User wrote:DPW Scale

2014: 15,000 (pro rated)
2013: 15,000
2012: 25,000
2011: 50,000 (vs 40)
2010: 65,000 (vs 55)
2009: 80,000 (vs 70)
2008: 90,000 (vs 85)
2007+: 100,000

Well not quite a bidding "war," but at least a little skirmish. Come on S&C.. Shatter the shatterers.

idk I don't think I could ever imagine MARKET SHATTERING BONSAI