K&E's "Market shattering" bonuses

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aromano95
Posts: 24
Joined: Tue Jun 20, 2017 4:10 pm

K&E's "Market shattering" bonuses

Postby aromano95 » Mon Nov 06, 2017 1:04 pm

I've heard that K&E's bonuses are "market shattering" -- whatever that means. Can anyone provide some insight into this topic?
From what I've heard, first year ranges from 19-24K, second years can reach 40K, and then 4th/5th/6th year associates can gross almost 500K (salary+bonus).

CHICAGO OFFICE.

Is this true at all? Obviously, factors like hours and quality of work come into play, but can you speak to specific figures as a K&E associate progresses? Thanks

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rpupkin
Posts: 5558
Joined: Mon Dec 09, 2013 10:32 pm

Re: K&E's "Market shattering" bonuses

Postby rpupkin » Mon Nov 06, 2017 1:21 pm

If you Google this topic you'll find plenty of on-point ATL articles. Kirkland's bonus scale usually leaks.

MillllerTime
Posts: 7
Joined: Fri Nov 10, 2017 2:02 am

Re: K&E's "Market shattering" bonuses

Postby MillllerTime » Fri Nov 10, 2017 2:32 am

1.25x Cravath/Simpson scale if you're bad at your job, 1.75x Cravath/Simpson if you're good at your job. Most are right in the middle. I wish K&E made this a reason to work there over other shops, but frankly the difference is mostly hour dependent, and therefore rarely worth it.

There is a decent amount of internal rumor about going back to the 3x / 4x days of yore, but I'll believe it when I see it.




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