Did they bring in business as well? Or the bonus was solely based on hours?Anonymous User wrote:At my St. Louis firm someone in my year got a bonus of almost 2x NYC Market for our class year. Spoiler alert: This person billed a lot. It can definitely happen for the juniors/midlevels. As you get senior, you cap out around NYC Market bonuses at my firm.
2015 St. Louis Market Compensation Forum
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Re: 2015 St. Louis Market Compensation
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Re: 2015 St. Louis Market Compensation
No business. Junior associate. My bonus was basically NYC market (a little shy). Billed about 2300.
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Re: 2015 St. Louis Market Compensation
Thanks for the info. Are you at one of the St. Louis firms that roughly pay St. Louis "market" for base salary? Do you have a sense as to whether getting a "market" NYC bonus is pretty standard, or whether you were above the curve at your firm given your high billing? Finally, what approximate class year are you? (E.g., 1st-2nd year, 2nd-3rd year, 3rd-4th year, etc.)Anonymous User wrote:No business. Junior associate. My bonus was basically NYC market (a little shy). Billed about 2300.
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Re: 2015 St. Louis Market Compensation
The BC bonus scale from last year is available on ATL and I'm sure this year's will be soon enough too. This year's is basically 30% higher than last year's.
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Re: 2015 St. Louis Market Compensation
Can anyone share more specific numbers on the individually-negotiated clerkship bonuses?
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Re: 2015 St. Louis Market Compensation
Rumor around the streets is that a certain St. Louis office paid a 250k bonus this year to a highly sought after lateral associate.
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Re: 2015 St. Louis Market Compensation
I hadn't heard this before, but it seems incredibly unlikely to me.Anonymous User wrote:Rumor around the streets is that a certain St. Louis office paid a 250k bonus this year to a highly sought after lateral associate.