2021 Special Bonuses Forum

[Anonymous User]

Which firms in the V18 still haven’t announced?

[Anonymous User]

Any firm that ultimately matches, but chooses to do so after the weekend is making a big mistake. You're needlessly ruining your associates' weekend. If I were a recruiters I would spend this weekend mass-contacting associates at any super-rich firm that doesn't match by end of day.

honest to god if your weekend is ruined because your firm announces on monday instead of today you deserve the later announcement. jfc.

[Anonymous User]

Boy I sure am glad my firm announced today, rather than Monday, that we'll be getting a bonus in three months.

[Anonymous User]

Has anyone else snapped at a junior / staff person today because they’re on edge waiting for a bonus announcement?

[Barrred]

Has anyone else snapped at a junior / staff person today because they’re on edge waiting for a bonus announcement?

^ Psychopath behavior

[Anonymous User]

partially updated:

https://docs.google.com/spreadsheets/d/ ... edit#gid=0

[Anonymous User]

Cooley match. June 30, $12k / September 30 20k split.

Any info on hours requirements/laterals?

[Anonymous User]

Cooley match. June 30, $12k / September 30 20k split.

Any info on hours requirements/laterals?

From the memo "The below special bonuses will be paid to associates and special counsel who are employed by the firm and in good standing on the payment dates, and who are on track to work 1,950 creditable hours or more in 2021, as measured pro rata and adjusted for FTE as of May 30 and August 31, respectively. Those who do not satisfy the hours criteria for the June bonus will be eligible to receive the total payment shown above if they meet the hours threshold for the September bonus. These bonuses will be paid in full and are not subject to proration, although merit bonuses for calendar year 2021 will be subject to proration according to our merit bonus policy."

ETA: Also realize I only put class of 2018 figures. It's the same scale as DPW for all class years.

[Anonymous User]

Cooley match. June 30, $12k / September 30 20k split.

Any info on hours requirements/laterals?

From the memo "The below special bonuses will be paid to associates and special counsel who are employed by the firm and in good standing on the payment dates, and who are on track to work 1,950 creditable hours or more in 2021, as measured pro rata and adjusted for FTE as of May 30 and August 31, respectively. Those who do not satisfy the hours criteria for the June bonus will be eligible to receive the total payment shown above if they meet the hours threshold for the September bonus. These bonuses will be paid in full and are not subject to proration, although merit bonuses for calendar year 2021 will be subject to proration according to our merit bonus policy."

ETA: Also realize I only put class of 2018 figures. It's the same scale as DPW for all class years.

Excellent, thanks!

[Anonymous User]

Any firm that ultimately matches, but chooses to do so after the weekend is making a big mistake. You're needlessly ruining your associates' weekend. If I were a recruiters I would spend this weekend mass-contacting associates at any super-rich firm that doesn't match by end of day.

honest to god if your weekend is ruined because your firm announces on monday instead of today you deserve the later announcement. jfc.

Who genuinely thinks about switching firms because their <$50k bonus is either a little late or a little lower than a rival's? Why would you walk away from all the goodwill and internal relationships just for a few extra dollars and probably reset your billable count at the next shop. I can't imagine the people that like to jump from firm to firm every time they're paid 90% of what someone else makes are truly going to succeed and be promoted meaningfully. In the UK the pay disparity is enormous and people are nowhere near this agitated.

[avenuem]

To: AbovetheLaw
CC: Staci Zaretsky, Joe Patrice, Kathryn Rubino
RE: SPECIAL BONUS MEMORANDUM
DATE: MARCH 25, 2021

We have passed the point where we can easily track separate articles for each firm that announces bonuses.

Make a chart of all the firms by EOD pls.

thx.

Avenuem

https://abovethelaw.com/2021/03/special ... cker-2021/

I know you watched and listened, so thx. But in the future EOD doesn't mean 12:12 PM the next day. I'll let it go this time.

[Anonymous User]

DLA BABY!!!!

Full match. Half in May, half in September.

Edit to add: “good standing” - but no hours requirement.

[Anonymous User]

Where Weil at tho

Trying to figure out how to give the fewest possible associates a bonus so it doesn't hurt their $4.5M PPEP.

[Anonymous User]

Where Weil at tho

Trying to figure out how to give the fewest possible associates a bonus so it doesn't hurt their $4.5M PPEP.

Is that a high PPEP?

[Buglaw]

still calling no KE match (and that they don't come over the top).

I'm assuming this is some kind of weird troll job, but I'd love to hear the reasoning here.

Because they (unlike every other firm this year with the exception of Debevoise) don’t have to pay extra to retain people. In all seriousness, you would still be better off working for $0 for your first 1-2 years at KE than working for market at any other V10.

Why is this bizzare trolling anonymous?

[objctnyrhnr]

DLA BABY!!!!

Full match. Half in May, half in September.

Edit to add: “good standing” - but no hours requirement.

This might go through the whole v50. Good for Dla though in making up for whatever happened with those covid bonuses.

[Anonymous User]

Gunderson just matched DPW Scale (May/Sept)

[Anonymous User]

Greenberg Traurig will not match as usual those cheap fuckers. $1.9M PEP in 2019 and no Covid bonuses last year and none of these either.

[Anonymous User]

Doesn’t look like K&E is going to do it. They just sent our weekly firmwide announcement and acknowledged how hard everyone is working.

[showusyourtorts]

Doesn’t look like K&E is going to do it. They just sent our weekly firmwide announcement and acknowledged how hard everyone is working.

The fact that they acknowledged the hard work without acknowledging the bonuses is next level (though not surprising).

[Anonymous User]

Very funny how everyone who suggested KE wouldn’t do jack shit was written off as “trolling.” Y’all are simps

[Anonymous User]

Doesn’t look like K&E is going to do it. They just sent our weekly firmwide announcement and acknowledged how hard everyone is working.

The fact that they acknowledged the hard work without acknowledging the bonuses is next level (though not surprising).

The Friday announcement email is rah rah look at how great we are/all the deals we've closed. No one should expect them to make an announcement re bonuses in that email. It'll come in a separate Firm Committee memo like all previous comp decisions.

[Anonymous User]

Doesn’t look like K&E is going to do it. They just sent our weekly firmwide announcement and acknowledged how hard everyone is working.

You sure that's game? Weil did the same thing last year before the fall bonus too (firmwide weekly email that's silent on bonuses, then the bonus email after that)

[SGTslaughter]

Greenberg Traurig will not match as usual those cheap fuckers. $1.9M PEP in 2019 and no Covid bonuses last year and none of these either.

Boy. GT honestly just sounds like the worst place to work in New York. Sorry man.

[ExpOriental]

I know it's mostly just hand-wringing by people who don't actually believe Kirkland won't match, but if anyone genuinely believes it, I'm still waiting to hear what clownbrain logic you've used to come to that conclusion.

And the unfunny Deb troll doesn't count. I want someone to actually try.