2014 Biglaw Bonus Thread

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Bonuses will be _____ from last year

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Total votes: 102

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JohannDeMann
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Re: 2014 Biglaw Bonus Thread

Postby JohannDeMann » Sat Dec 20, 2014 2:05 am

fats provolone wrote:prorated $15k for stubbies is like $3k+. if ur a first year and bill 1950 and get barely more than a stubby you gotta kys right?


my firm runs on this model and i basically think its the opposite. who would ever work over 2101? your an idiot to do that and your per hour take home falls off acliff after 2101. me, im content to hit 1900. 7500 bucks or whatever the fuck it is is def worth having a life to me. i make 160k in a cheap ass city. i already have too much money to do shit with. why do i care about anothe rcouple gs

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fats provolone
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Re: 2014 Biglaw Bonus Thread

Postby fats provolone » Sat Dec 20, 2014 2:14 am

but if you're at Quinn it's not like you didn't have options.

ZyzzBrah
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Re: 2014 Biglaw Bonus Thread

Postby ZyzzBrah » Sat Dec 20, 2014 10:57 am

Question:

Coming in to a firm post clerkship as a second year (not until next fall). The firm matched DPW. Assuming this scale is in effect next year, how are clerks treated for bonuses? prorated?

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SweetrollStealer
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Re: 2014 Biglaw Bonus Thread

Postby SweetrollStealer » Sat Dec 20, 2014 11:16 am

ZyzzBrah wrote:Question:

Coming in to a firm post clerkship as a second year (not until next fall). The firm matched DPW. Assuming this scale is in effect next year, how are clerks treated for bonuses? prorated?


I'm fairly sure that, yes, bonuses for new associates coming from clerkships are pro-rated, so you would get x% of $25k based upon this year's scale plus your $50k clerking bonus.


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Old Gregg
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Re: 2014 Biglaw Bonus Thread

Postby Old Gregg » Sat Dec 20, 2014 1:46 pm


Anonymous User
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Re: 2014 Biglaw Bonus Thread

Postby Anonymous User » Sat Dec 20, 2014 2:46 pm

Pikappraider wrote:Does anyone know if any firms in like the v50-100 range have stated whether they are matching simpson yet?


Stroock matched Davis Polk scale.

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Ex Cearulo
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Re: 2014 Biglaw Bonus Thread

Postby Ex Cearulo » Sat Dec 20, 2014 4:26 pm


Humble apologies. Saw the 20 Dec date on the article and scanned back to the 19th ITT. Not back far enough obviously.

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Actus Reus
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Re: 2014 Biglaw Bonus Thread

Postby Actus Reus » Sat Dec 20, 2014 8:13 pm

Anonymous User wrote:
Pikappraider wrote:Does anyone know if any firms in like the v50-100 range have stated whether they are matching simpson yet?


Stroock matched Davis Polk scale.


wtf is stroock

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ExBiglawAssociate
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Re: 2014 Biglaw Bonus Thread

Postby ExBiglawAssociate » Sun Dec 21, 2014 12:47 am

Actus Reus wrote:
Anonymous User wrote:
Pikappraider wrote:Does anyone know if any firms in like the v50-100 range have stated whether they are matching simpson yet?


Stroock matched Davis Polk scale.


wtf is stroock

I thought it was the name of an 80s porno until reading it in the context of this thread. Now I'm just confused.

run26.2
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Re: 2014 Biglaw Bonus Thread

Postby run26.2 » Sun Dec 21, 2014 2:16 pm

fats provolone wrote:
run26.2 wrote:QE's scale is fine, to me. It just provides a lot of incentive to bill 2100 hours. That's smart by the firm. Productive associates who don't kill themselves. It may not play out that way, but at least the scale incentivizes that.

(stockholm syndrome)

Lol.

In seriousness, I haven't work at a firm where the bonus was tied to hours. Obviously, it would be better if 2000 got you the full bonus and best if there were no requirement. It just doesn't seem like 2100 is that many hours. There are tradeoffs for working at QE: better early experience, so they say, in exchange for more work.

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Old Gregg
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Re: 2014 Biglaw Bonus Thread

Postby Old Gregg » Sun Dec 21, 2014 2:36 pm

It just doesn't seem like 2100 is that many hours.


More dumbasses ITT. great.

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fats provolone
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Re: 2014 Biglaw Bonus Thread

Postby fats provolone » Sun Dec 21, 2014 2:37 pm

2100 early experience hours only feels like 1900 regular hours

run26.2
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Re: 2014 Biglaw Bonus Thread

Postby run26.2 » Sun Dec 21, 2014 2:39 pm

It just doesn't seem like 2100 is that many hours.


More dumbasses ITT. great.

I thought you were getting more moderate. Apparently not.

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Old Gregg
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Re: 2014 Biglaw Bonus Thread

Postby Old Gregg » Sun Dec 21, 2014 2:44 pm

fats provolone wrote:2100 early experience hours only feels like 1900 regular hours


yeah the 2,100 just flies when you're doing what you love!

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Old Gregg
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Re: 2014 Biglaw Bonus Thread

Postby Old Gregg » Sun Dec 21, 2014 2:46 pm

run26.2 wrote:
It just doesn't seem like 2100 is that many hours.


More dumbasses ITT. great.

I thought you were getting more moderate. Apparently not.


temperament has nothing to do with it. say stupid shit and youll get called out on it. 2100 is a ton of hours to bill. doesnt matter how you slice it.

run26.2
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Re: 2014 Biglaw Bonus Thread

Postby run26.2 » Sun Dec 21, 2014 2:59 pm

zweitbester wrote:
run26.2 wrote:
It just doesn't seem like 2100 is that many hours.


More dumbasses ITT. great.

I thought you were getting more moderate. Apparently not.


temperament has nothing to do with it. say stupid shit and youll get called out on it. 2100 is a ton of hours to bill. doesnt matter how you slice it.

Your opinion bro.

To me, the difference between 2000 and 2100 is not that big over the course of the year. I realize that doesn't mean you work only 100 hours more. Obviously it is more. But you also get better at something by working at it more. Most of the best attorneys I have been around have typically averaged a minimum of 200 hrs billed a month for years. This threshold is well below that.

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lonerider
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Re: 2014 Biglaw Bonus Thread

Postby lonerider » Sun Dec 21, 2014 5:34 pm

run26.2 wrote:Your opinion bro.

To me, the difference between 2000 and 2100 is not that big over the course of the year. I realize that doesn't mean you work only 100 hours more. Obviously it is more. But you also get better at something by working at it more. Most of the best attorneys I have been around have typically averaged a minimum of 200 hrs billed a month for years. This threshold is well below that.


2100 not a lot of hours ≠ the difference between 2000 & 2100 isnt that big

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jbagelboy
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Re: 2014 Biglaw Bonus Thread

Postby jbagelboy » Sun Dec 21, 2014 5:40 pm

run26.2 wrote:
zweitbester wrote:
run26.2 wrote: It just doesn't seem like 2100 is that many hours.


More dumbasses ITT. great.


Your opinion bro.

To me, the difference between 2000 and 2100 is not that big over the course of the year. I realize that doesn't mean you work only 100 hours more. Obviously it is more. But you also get better at something by working at it more. Most of the best attorneys I have been around have typically averaged a minimum of 200 hrs billed a month for years. This threshold is well below that.


wow.

this forum used to be kinda chill. now it's truly coming into its inner striver menace. the 1L exam minutiae freak-outs, the rat out the cheater thread, and now this kind of shit.. not as fun these days.

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Desert Fox
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Re: 2014 Biglaw Bonus Thread

Postby Desert Fox » Sun Dec 21, 2014 5:42 pm

Extra 100 hours sucks. Especially since its not like you can just get 2100 hours no matter what.

run26.2
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Re: 2014 Biglaw Bonus Thread

Postby run26.2 » Sun Dec 21, 2014 6:15 pm

lonerider wrote:
run26.2 wrote:Your opinion bro.

To me, the difference between 2000 and 2100 is not that big over the course of the year. I realize that doesn't mean you work only 100 hours more. Obviously it is more. But you also get better at something by working at it more. Most of the best attorneys I have been around have typically averaged a minimum of 200 hrs billed a month for years. This threshold is well below that.


2100 not a lot of hours ≠ the difference between 2000 & 2100 isnt that big

If you look at my previous post, you will see I was comparing 2000 hrs to 2100 hrs.

My point in posting in the first place was because I was surprised that Quinn's minimum wasn't higher. People who go to Quinn probably don't have work-life balance as the most important factor in deciding on a firm. My original thought about what would be required to get a full market bonus at Quinn, given that the bonus was tied to a minimum number, and without having seen the number, was that the minimum number would be higher.

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mmelittlechicken
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Re: 2014 Biglaw Bonus Thread

Postby mmelittlechicken » Sun Dec 21, 2014 6:37 pm

You're making it worse bro.

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fats provolone
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Re: 2014 Biglaw Bonus Thread

Postby fats provolone » Sun Dec 21, 2014 6:40 pm

do these PR disaster hours count towards your bonus?

dixiecupdrinking
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Re: 2014 Biglaw Bonus Thread

Postby dixiecupdrinking » Sun Dec 21, 2014 6:44 pm

Regardless of how much 2100 versus 2000 sucks, it's not like it should be a surprise to Quinn associates that doing less than that means you're failing to meet expectations. I imagine getting a lower bonus is only one of many ways in which the firm tells you to get your shit straight if you aren't doing 2200+. Doesn't sound like a place that abides coasting.

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fats provolone
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Re: 2014 Biglaw Bonus Thread

Postby fats provolone » Sun Dec 21, 2014 6:44 pm

"coasting"




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