Br3v wrote:Anonymous User wrote:I work at K&E. I know of an NSP who billed more than 3,000 hours last year and received a $200,000 bonus.
What? Does K&E have a special bonus with no cap or something or is this possible if you bill 3,000 (woah) at most biglaw firms? Or are you like a 8th year or something?
Yeah, everyone in my group has billed 2,500 - 3,400 per year over the past three years. It's definitely a soul-draining culture. Non-share partners get promoted after 5-6 years, and their salaries are higher than lock-step salaries (this is black box - but I've heard that they get roughly 40k more than lock step). Also, bonuses for non-share partners can be WAY higher than market. They encourage NSPs to bring in their own deals, so if you bring in one or two deals that earn in $1 - 2 million in fees, they will pay you what they think you're worth.