Firing right before bonus is paid

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Firing right before bonus is paid

Postby Anonymous User » Fri Dec 01, 2017 1:07 pm

Does this ever happen around the holiday season? Hours are low

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kellyfrost

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Re: Firing right before bonus is paid

Postby kellyfrost » Fri Dec 01, 2017 1:49 pm

If this situation were to happen, it is likely that if you were given a bonus it would be given to you in full or a prorated amount.
Last edited by kellyfrost on Sat Jan 27, 2018 11:56 am, edited 1 time in total.

ur_hero

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Re: Firing right before bonus is paid

Postby ur_hero » Fri Dec 01, 2017 2:00 pm

Hours are low, but a bonus is still on the table? o.O

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Re: Firing right before bonus is paid

Postby Anonymous User » Fri Dec 01, 2017 2:05 pm

ur_hero wrote:Hours are low, but a bonus is still on the table? o.O


Lockstep firms..

jd20132013

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Re: Firing right before bonus is paid

Postby jd20132013 » Fri Dec 01, 2017 3:11 pm

Anonymous User wrote:
ur_hero wrote:Hours are low, but a bonus is still on the table? o.O


Lockstep firms..

huh? Don't those firms require hitting a target for eligibility

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glitter178

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Re: Firing right before bonus is paid

Postby glitter178 » Fri Dec 01, 2017 3:14 pm

A number of firms claim not to have a billable hours requirement.

jd20132013

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Re: Firing right before bonus is paid

Postby jd20132013 » Fri Dec 01, 2017 3:21 pm

Oh

Lol.

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2014

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Re: Firing right before bonus is paid

Postby 2014 » Sun Dec 03, 2017 11:45 pm

jd20132013 wrote:Oh

Lol.

I believe each of Cravath, S&C, DPW, STB, Cleary, PW, Deb and Milbank pay bonuses so long as you are employed and in "good standing" (and as far as i know, none impose hours requirements as proxies for good standing). There are probably a few others i'm missing.

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Re: Firing right before bonus is paid

Postby jd20132013 » Sun Dec 03, 2017 11:47 pm

I mean I don't work any of those places but I find it hard to believe that a cravath is giving someone who bills 1850 a full bonus when their peers are cranking out that sweet 2600 hour year

But that's just my uninformed take I have no evidence

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Re: Firing right before bonus is paid

Postby Anonymous User » Sun Dec 03, 2017 11:52 pm

jd20132013 wrote:I mean I don't work any of those places but I find it hard to believe that a cravath is giving someone who bills 1850 a full bonus when their peers are cranking out that sweet 2600 hour year

But that's just my uninformed take I have no evidence


At one of the firms that has no billable requirement to get a bonus. That's exactly what happens. Biglaw bonuses aren't really a true bonus anyway, and at a firm where everyone gets it, we just consider it part of total comp.

jd20132013

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Re: Firing right before bonus is paid

Postby jd20132013 » Mon Dec 04, 2017 12:00 am

ok I stand pleasantly corrected then. Sucks to be the gunners killing themselves for no greater bonus I guess. But that's true even when firms set a minimum I suppose.

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Yugihoe

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Re: Firing right before bonus is paid

Postby Yugihoe » Mon Dec 04, 2017 12:19 am

jd20132013 wrote:ok I stand pleasantly corrected then. Sucks to be the gunners killing themselves for no greater bonus I guess. But that's true even when firms set a minimum I suppose.


You get the bonus, but you get fired soon thereafter for being slow.

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Nagster5

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Re: Firing right before bonus is paid

Postby Nagster5 » Mon Dec 04, 2017 9:12 am

Yugihoe wrote:
jd20132013 wrote:ok I stand pleasantly corrected then. Sucks to be the gunners killing themselves for no greater bonus I guess. But that's true even when firms set a minimum I suppose.


You get the bonus, but you get fired soon thereafter for being slow.


Win-win

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Re: Firing right before bonus is paid

Postby Anonymous User » Mon Dec 04, 2017 11:19 am

Yugihoe wrote:
jd20132013 wrote:ok I stand pleasantly corrected then. Sucks to be the gunners killing themselves for no greater bonus I guess. But that's true even when firms set a minimum I suppose.


You get the bonus, but you get fired soon thereafter for being slow.


At one of the firms listed above. Have lateral offer in hand but have been ultra slow. Plan to leave right when bonus is paid. Think I’m safe?

EliotAlderson

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Re: Firing right before bonus is paid

Postby EliotAlderson » Mon Dec 04, 2017 11:33 am

Anonymous User wrote:
Yugihoe wrote:
jd20132013 wrote:ok I stand pleasantly corrected then. Sucks to be the gunners killing themselves for no greater bonus I guess. But that's true even when firms set a minimum I suppose.


You get the bonus, but you get fired soon thereafter for being slow.


At one of the firms listed above. Have lateral offer in hand but have been ultra slow. Plan to leave right when bonus is paid. Think I’m safe?


My firm, also named, pays bonuses even after notice is given (2 confirmed cases). Don’t see why giving notice on bonus day would matter.

Keep in mind, firms on that list tend to be quite image conscious.
Last edited by EliotAlderson on Mon Dec 04, 2017 11:34 am, edited 1 time in total.

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SmokeytheBear

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Re: Firing right before bonus is paid

Postby SmokeytheBear » Mon Dec 04, 2017 11:33 am

Anonymous User wrote:
Yugihoe wrote:
jd20132013 wrote:ok I stand pleasantly corrected then. Sucks to be the gunners killing themselves for no greater bonus I guess. But that's true even when firms set a minimum I suppose.


You get the bonus, but you get fired soon thereafter for being slow.


At one of the firms listed above. Have lateral offer in hand but have been ultra slow. Plan to leave right when bonus is paid. Think I’m safe?


Pretty common move.

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2014

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Re: Firing right before bonus is paid

Postby 2014 » Mon Dec 04, 2017 11:43 am

Anonymous User wrote:
Yugihoe wrote:
jd20132013 wrote:ok I stand pleasantly corrected then. Sucks to be the gunners killing themselves for no greater bonus I guess. But that's true even when firms set a minimum I suppose.


You get the bonus, but you get fired soon thereafter for being slow.


At one of the firms listed above. Have lateral offer in hand but have been ultra slow. Plan to leave right when bonus is paid. Think I’m safe?

None are in the business of firing people, it's terrible PR and bad bus dev since they all count on alums to infiltrate the F500 and keep the gravy train running. If you haven't had a bad formal review/talk about picking up your hours I'd be absolutely stunned if you were laid off.

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Re: Firing right before bonus is paid

Postby Anonymous User » Mon Dec 04, 2017 11:54 am

2014 wrote:
Anonymous User wrote:
Yugihoe wrote:
jd20132013 wrote:ok I stand pleasantly corrected then. Sucks to be the gunners killing themselves for no greater bonus I guess. But that's true even when firms set a minimum I suppose.


You get the bonus, but you get fired soon thereafter for being slow.


At one of the firms listed above. Have lateral offer in hand but have been ultra slow. Plan to leave right when bonus is paid. Think I’m safe?

None are in the business of firing people, it's terrible PR and bad bus dev since they all count on alums to infiltrate the F500 and keep the gravy train running. If you haven't had a bad formal review/talk about picking up your hours I'd be absolutely stunned if you were laid off.


Exactly what I needed to hear. Thanks!



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