Biglaw Bonus Watch (2013) Forum

[vanwinkle]

From last year's coverage on Above the Law (LinkRemoved):

Just as it did in 2011, Cravath announced on the last Monday in November. In 2010, the firm announced on November 22 — the second-to-last Monday in November, and before Thanksgiving. Back in 2009, the firm announced on November 2, the first Monday in November.

It's been getting progressively later. If they stick to Mondays, it might not be until next Monday.

[Big Shrimpin]

From last year's coverage on Above the Law (LinkRemoved):

Just as it did in 2011, Cravath announced on the last Monday in November. In 2010, the firm announced on November 22 — the second-to-last Monday in November, and before Thanksgiving. Back in 2009, the firm announced on November 2, the first Monday in November.

It's been getting progressively later. If they stick to Mondays, it might not be until next Monday.

That's what I'm guessing now.

Although I have an irrational (rational?) fear of getting stiffed this year.

[Lincoln]

From last year's coverage on Above the Law (LinkRemoved):

Just as it did in 2011, Cravath announced on the last Monday in November. In 2010, the firm announced on November 22 — the second-to-last Monday in November, and before Thanksgiving. Back in 2009, the firm announced on November 2, the first Monday in November.

It's been getting progressively later. If they stick to Mondays, it might not be until next Monday.

It will be on a Monday. That's when the partners have their weekly lunch, so that's when Allen Parker will propose a bonus scale, which the partners will then vote on.

[Big Shrimpin]

Tomorrow?

Will we at least get one year memberships to the Jelly of the Month Club?

[09042014]

Rumor is no bonus but they'll bump SEAMLESS to 60 bucks a meal.

[Big Shrimpin]

Rumor is no bonus but they'll bump SEAMLESS to 60 bucks a meal.

YNY!

[lawstudent_87]

they're out! A donation will be made in each one of our names to the Human Fund.

[El Pollito]

My friend said someone in her department heard rumors of salary increases at Cravath. I told her NY to 190.

[Old Gregg]

My friend said someone in her department heard rumors of salary increases at Cravath. I told her NY to 190.

Good man.

[Old Gregg]

Fucking Cravath.

[Big Shrimpin]

Fucking Cravath.

Inorite?

[Big Shrimpin]

I predict a STALEMATE, which will lead to NOBONUSES.

[thesealocust]

NY TO 190

[Big Shrimpin]

MAF/IR8AF right now.

So, next Monday, perhaps?

[09042014]

Rumor is same as last year.

[Big Shrimpin]

I've heard the same.

FUCK

[El Pollito]

http://abovethelaw.com/2013/12/breaking ... son-begin/

Yep.

[84651846190]

I told you guys. I don't understand the eternal optimists on this site sometimes.

[Big Shrimpin]

I told you guys. I don't understand the eternal optimists on this site sometimes.

Nothing wrong with having high hopes with realistic expectations.

[thesealocust]

Same as last year is still objectively pretty generous. A 6.25% raise and a 6.25% bonus is nothing to sneeze at, not is a first-job-out-of-law-school income that puts you in the top, what, 2 to 3% of income earners?

[Liam]

Same as last year is still objectively pretty generous. A 6.25% raise and a 6.25% bonus is nothing to sneeze at, not is a first-job-out-of-law-school income that puts you in the top, what, 2 to 3% of income earners?

Nationally, maybe. In preftigious markets like NYC you're still just a common plebe.

/sarcasm.

[Big Shrimpin]

Same as last year is still objectively pretty generous. A 6.25% raise and a 6.25% bonus is nothing to sneeze at, not is a first-job-out-of-law-school income that puts you in the top, what, 2 to 3% of income earners?

Nationally, maybe. In preftigious markets like NYC you're still just a common plebe.

/sarcasm.

TSO true.

[84651846190]

I told you guys. I don't understand the eternal optimists on this site sometimes.

Nothing wrong with having high hopes with realistic expectations.

How is it realistic to expect higher bonuses in a year of (on average) declining RPL at biglaw firms?

[lonerider]

Same as last year is still objectively pretty generous. A 6.25% raise and a 6.25% bonus is nothing to sneeze at, not is a first-job-out-of-law-school income that puts you in the top, what, 2 to 3% of income earners?

What is the 6.25% raise? You mean in base salary? When did that happen?

[84651846190]

Same as last year is still objectively pretty generous. A 6.25% raise and a 6.25% bonus is nothing to sneeze at, not is a first-job-out-of-law-school income that puts you in the top, what, 2 to 3% of income earners?

What is the 6.25% raise? You mean in base salary? When did that happen?

When you started working at a lockstep biglaw firm.