2014 Biglaw Bonus Thread

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Bonuses will be _____ from last year

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Total votes: 102

Anonymous User
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Re: 2014 Biglaw Bonus Thread

Postby Anonymous User » Thu Nov 27, 2014 8:43 pm

Anonymous User wrote:
2014 wrote:What are the associates' in here's premium for firm insurance? I remember looking seeing this summer that ours was going to be like ~150 for what would on the open market be a premium plan I think so it's pretty heavily subsidized but still costing more than most healthy 26-32 year olds will get out of it.

i'm in the same age range; plans range from about 130 to 200/mo at my firm.

Anyone know the range for plans at Skadden? I'd be particularly interested in the numbers for a couple, and a couple + one kid.

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ExBiglawAssociate
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Re: 2014 Biglaw Bonus Thread

Postby ExBiglawAssociate » Thu Nov 27, 2014 11:59 pm

Br3v wrote:
Biglaw_Associate_V20 wrote:
I would literally go insane working that much. My worst year so far was about 2,500. I thought I was going to die.


What does that look like? 52 60 hour weeks?


It's never anything close to a consistent number of hours per week. It's always bursty, like 120 hour weeks followed by a week of almost zero hours. The bursty nature makes it many times more difficult than if it were simply 52 60-hour weeks (which itself would not be easy).

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Lincoln
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Re: 2014 Biglaw Bonus Thread

Postby Lincoln » Fri Nov 28, 2014 12:59 am

Biglaw_Associate_V20 wrote:
Br3v wrote:
Biglaw_Associate_V20 wrote:
I would literally go insane working that much. My worst year so far was about 2,500. I thought I was going to die.


What does that look like? 52 60 hour weeks?


It's never anything close to a consistent number of hours per week. It's always bursty, like 120 hour weeks followed by a week of almost zero hours. The bursty nature makes it many times more difficult than if it were simply 52 60-hour weeks (which itself would not be easy).


This sounds like transactional to me. Lit tends to be more consistent, though nothing like 52 identical weeks.

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ExBiglawAssociate
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Re: 2014 Biglaw Bonus Thread

Postby ExBiglawAssociate » Fri Nov 28, 2014 2:13 am

Lincoln wrote:
Biglaw_Associate_V20 wrote:
Br3v wrote:
Biglaw_Associate_V20 wrote:
I would literally go insane working that much. My worst year so far was about 2,500. I thought I was going to die.


What does that look like? 52 60 hour weeks?


It's never anything close to a consistent number of hours per week. It's always bursty, like 120 hour weeks followed by a week of almost zero hours. The bursty nature makes it many times more difficult than if it were simply 52 60-hour weeks (which itself would not be easy).


This sounds like transactional to me. Lit tends to be more consistent, though nothing like 52 identical weeks.


Eh, I work in a weird area of litigation that tends to be bursty. I've had very little doc review. (Pray for doc review if you like a nice schedule!)

mvp99
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Re: 2014 Biglaw Bonus Thread

Postby mvp99 » Fri Nov 28, 2014 2:43 am

From what've read, it seems you're "fucked" in terms of work/hours no matter what.. when you have doc rev, you pray for substantive.. when you get it, then you're fucking shitting your pants praying you don't fuck it all up..

Danteshek
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Re: 2014 Biglaw Bonus Thread

Postby Danteshek » Fri Nov 28, 2014 3:17 am

I have a question. If you could make twice or four times the money you make now but work for a small firm no one has heard of, would you do it? How much is the ego boost of being in "Big Law" worth to you?

Mal Reynolds
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Re: 2014 Biglaw Bonus Thread

Postby Mal Reynolds » Fri Nov 28, 2014 3:20 am

I would never take $400k a year to work at a no name firm. That sounds like a terrible deal.

mvp99
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Re: 2014 Biglaw Bonus Thread

Postby mvp99 » Fri Nov 28, 2014 3:22 am

Mal Reynolds wrote:I would never take $400k a year to work at a no name firm. That sounds like a terrible deal.


lol.. believed you for a second there...

Danteshek
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Re: 2014 Biglaw Bonus Thread

Postby Danteshek » Fri Nov 28, 2014 3:29 am

I just don't understand why everyone makes such a big deal out of such measly bonuses. If I'm a partner and I think my associate will be my partner, I give him a lot more than is being discussed. Hell, if he can do the job he'll be my partner tomorrow

Mal Reynolds
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Re: 2014 Biglaw Bonus Thread

Postby Mal Reynolds » Fri Nov 28, 2014 3:31 am

Danteshek wrote:I just don't understand why everyone makes such a big deal out of such measly bonuses. If I'm a partner and I think my associate will be my partner, I give him a lot more than is being discussed. Hell, if he can do the job he'll be my partner tomorrow


Do you know of any firm that is looking to pay a 2L $300-400 grand? I'll take a pm if you're offering.

Danteshek
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Re: 2014 Biglaw Bonus Thread

Postby Danteshek » Fri Nov 28, 2014 3:37 am

Mal Reynolds wrote:
Danteshek wrote:I just don't understand why everyone makes such a big deal out of such measly bonuses. If I'm a partner and I think my associate will be my partner, I give him a lot more than is being discussed. Hell, if he can do the job he'll be my partner tomorrow


Do you know of any firm that is looking to pay a 2L $300-400 grand? I'll take a pm if you're offering.



Nothing in life is free my friend. Large rewards imply a huge tolerance for risk taking.

Mal Reynolds
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Re: 2014 Biglaw Bonus Thread

Postby Mal Reynolds » Fri Nov 28, 2014 3:39 am

I also don't understand why people are talking about biglaw bonuses when you're talking about something that likely doesn't exist.

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fats provolone
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Re: 2014 Biglaw Bonus Thread

Postby fats provolone » Fri Nov 28, 2014 3:46 am

look if danteshek likes you he'll pay you $400k. he doesn't have that much money, but that's why he's a risk taker.

Danteshek
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Re: 2014 Biglaw Bonus Thread

Postby Danteshek » Fri Nov 28, 2014 6:26 am

Mal Reynolds wrote:I also don't understand why people are talking about biglaw bonuses when you're talking about something that likely doesn't exist.


OK. Best of luck. With that kind of attitude, you'll need it.

911 crisis actor
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Re: 2014 Biglaw Bonus Thread

Postby 911 crisis actor » Fri Nov 28, 2014 9:06 am

Applying to be employee #2 at Danteshek's firm right now

Danteshek
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Re: 2014 Biglaw Bonus Thread

Postby Danteshek » Fri Nov 28, 2014 10:19 am

911 crisis actor wrote:Applying to be employee #2 at Danteshek's firm right now


You have neither the balls nor the skills

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utahraptor
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Re: 2014 Biglaw Bonus Thread

Postby utahraptor » Fri Nov 28, 2014 10:37 am

tell us more about yourself danteshek

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jbagelboy
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Re: 2014 Biglaw Bonus Thread

Postby jbagelboy » Fri Nov 28, 2014 10:58 am

Wtf

911 crisis actor
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Re: 2014 Biglaw Bonus Thread

Postby 911 crisis actor » Fri Nov 28, 2014 12:03 pm

Danteshek wrote:
911 crisis actor wrote:Applying to be employee #2 at Danteshek's firm right now


You have neither the balls nor the skills


Where's my $400k?

dixiecupdrinking
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Re: 2014 Biglaw Bonus Thread

Postby dixiecupdrinking » Fri Nov 28, 2014 1:07 pm

I could also just play the lottery if I'm looking to take a huge risk. I'll take my $15k and, you know, a job that actually exists.

PMan99
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Re: 2014 Biglaw Bonus Thread

Postby PMan99 » Fri Nov 28, 2014 2:41 pm

Mal Reynolds wrote:
Danteshek wrote:I just don't understand why everyone makes such a big deal out of such measly bonuses. If I'm a partner and I think my associate will be my partner, I give him a lot more than is being discussed. Hell, if he can do the job he'll be my partner tomorrow


Do you know of any firm that is looking to pay a 2L $300-400 grand? I'll take a pm if you're offering.


Well, Wachtell.

Mal Reynolds
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Re: 2014 Biglaw Bonus Thread

Postby Mal Reynolds » Fri Nov 28, 2014 2:45 pm

PMan99 wrote:
Mal Reynolds wrote:
Danteshek wrote:I just don't understand why everyone makes such a big deal out of such measly bonuses. If I'm a partner and I think my associate will be my partner, I give him a lot more than is being discussed. Hell, if he can do the job he'll be my partner tomorrow


Do you know of any firm that is looking to pay a 2L $300-400 grand? I'll take a pm if you're offering.


Well, Wachtell.


Right. I don't understand why were talking about these tiny biglaw bonuses when we could all just get jobs at wachtell.

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2014
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Re: 2014 Biglaw Bonus Thread

Postby 2014 » Fri Nov 28, 2014 2:59 pm

Don't forget Boies bros

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jkpolk
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Re: 2014 Biglaw Bonus Thread

Postby jkpolk » Fri Nov 28, 2014 3:27 pm

Do we have any idle speculation on what this means for base? I assume there'd be at least some pressure to reconsider mid-level base at some firms, even if 1st year base remains 160k.

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fats provolone
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Re: 2014 Biglaw Bonus Thread

Postby fats provolone » Fri Nov 28, 2014 3:35 pm

Mal Reynolds wrote:
PMan99 wrote:
Mal Reynolds wrote:
Danteshek wrote:I just don't understand why everyone makes such a big deal out of such measly bonuses. If I'm a partner and I think my associate will be my partner, I give him a lot more than is being discussed. Hell, if he can do the job he'll be my partner tomorrow


Do you know of any firm that is looking to pay a 2L $300-400 grand? I'll take a pm if you're offering.


Well, Wachtell.


Right. I don't understand why were talking about these tiny biglaw bonuses when we could all just get jobs at wachtell.

if people would just listen to bmore and stop turning down wachtell offers there'd be nothing to complain about




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