Biglaw Bonus Watch (2013) Forum

(On Campus Interviews, Summer Associate positions, Firm Reviews, Tips, ...)
Forum rules
Anonymous Posting

Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.

Failure to follow these rules will get you outed, warned, or banned.

How will bonuses compare to last year?

Up
21
22%
Same
66
68%
Down
10
10%
 
Total votes: 97

Anonymous User
Posts: 432505
Joined: Tue Aug 11, 2009 9:32 am

Re: Biglaw Bonus Watch (2013)

Post by Anonymous User » Thu Dec 19, 2013 10:51 pm

Anonymous User wrote:
Anonymous User wrote:Man, Sidley was a fucking joke this year.
In your opinion, do you think that's an indication of their firm health or something else? (Going there this summer so curious.)
I don't know what the previous guy was thinking, but it seems pretty much like last year to me:

From ATL:
Class of 2012 — hours over 2000 — bonus of $10,000 [Cravath: $10,000].
Class of 2011 — hours over 2000 — bonus over $14,000 [Cravath: $14,000].
Class of 2009 — hours over 2200 — bonus over $45,000 [Cravath: $27,000].
Class of 2008 — hours around 2000 — bonus over $25,000 but under $30,000 [Cravath: $34,000].
Class of 2008 — hours over 2300 — bonus over $55,000 [Cravath: $34,000].
Class of 2007 — hours over 2000 — bonus over $30,000 but under $40,000 [Cravath: $40,000].

Anonymous User
Posts: 432505
Joined: Tue Aug 11, 2009 9:32 am

Re: Biglaw Bonus Watch (2013)

Post by Anonymous User » Thu Dec 19, 2013 10:56 pm

Ignore.
Last edited by Anonymous User on Thu Dec 19, 2013 10:58 pm, edited 1 time in total.

User avatar
thesealocust

Platinum
Posts: 8525
Joined: Mon Oct 20, 2008 8:50 pm

Re: Biglaw Bonus Watch (2013)

Post by thesealocust » Thu Dec 19, 2013 10:58 pm

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:Man, Sidley was a fucking joke this year.
In your opinion, do you think that's an indication of their firm health or something else? (Going there this summer so curious.)
I don't know what the previous guy was thinking, but it seems pretty much like last year to me:

From ATL:
Class of 2012 — hours over 2000 — bonus of $10,000 [Cravath: $10,000].
Class of 2011 — hours over 2000 — bonus over $14,000 [Cravath: $14,000].
Class of 2009 — hours over 2200 — bonus over $45,000 [Cravath: $27,000].
Class of 2008 — hours around 2000 — bonus over $25,000 but under $30,000 [Cravath: $34,000].
Class of 2008 — hours over 2300 — bonus over $55,000 [Cravath: $34,000].
Class of 2007 — hours over 2000 — bonus over $30,000 but under $40,000 [Cravath: $40,000].
Sidley is blackbox, meaning individualized bonuses. Massive self selection bias in terms of who forwards their comp email to ATL.

User avatar
Old Gregg

Platinum
Posts: 5409
Joined: Thu Sep 01, 2011 1:26 pm

Re: Biglaw Bonus Watch (2013)

Post by Old Gregg » Thu Dec 19, 2013 10:59 pm

thesealocust wrote:
Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:Man, Sidley was a fucking joke this year.
In your opinion, do you think that's an indication of their firm health or something else? (Going there this summer so curious.)
I don't know what the previous guy was thinking, but it seems pretty much like last year to me:

From ATL:
Class of 2012 — hours over 2000 — bonus of $10,000 [Cravath: $10,000].
Class of 2011 — hours over 2000 — bonus over $14,000 [Cravath: $14,000].
Class of 2009 — hours over 2200 — bonus over $45,000 [Cravath: $27,000].
Class of 2008 — hours around 2000 — bonus over $25,000 but under $30,000 [Cravath: $34,000].
Class of 2008 — hours over 2300 — bonus over $55,000 [Cravath: $34,000].
Class of 2007 — hours over 2000 — bonus over $30,000 but under $40,000 [Cravath: $40,000].
Sidley is blackbox, meaning individualized bonuses. Massive self selection bias in terms of who forwards their comp email to ATL.
Yeah, but big earners are always eager to talk about it, so I wouldn't be surprised if that had a high chance of finding its way to ATL just as low earners do.

User avatar
thesealocust

Platinum
Posts: 8525
Joined: Mon Oct 20, 2008 8:50 pm

Re: Biglaw Bonus Watch (2013)

Post by thesealocust » Thu Dec 19, 2013 11:13 pm

My totally uninformed opinion is that it would probably skew on the high end, yeah.

Want to continue reading?

Register now to search topics and post comments!

Absolutely FREE!


09042014

Diamond
Posts: 18203
Joined: Wed Oct 14, 2009 10:47 pm

Re: Biglaw Bonus Watch (2013)

Post by 09042014 » Thu Dec 19, 2013 11:14 pm

I assume around 2000 means below

Anonymous User
Posts: 432505
Joined: Tue Aug 11, 2009 9:32 am

Re: Biglaw Bonus Watch (2013)

Post by Anonymous User » Fri Dec 20, 2013 12:27 am

People at K&E started getting bonus information today.

User avatar
84651846190

Gold
Posts: 2198
Joined: Thu Sep 13, 2012 7:06 pm

Re: Biglaw Bonus Watch (2013)

Post by 84651846190 » Fri Dec 20, 2013 2:31 am

Anonymous User wrote:People at K&E started getting bonus information today.
Go on...

Anonymous User
Posts: 432505
Joined: Tue Aug 11, 2009 9:32 am

Re: Biglaw Bonus Watch (2013)

Post by Anonymous User » Fri Dec 20, 2013 2:51 am

Biglaw_Associate_V20 wrote:
Anonymous User wrote:People at K&E started getting bonus information today.
Go on...
Can't go into too much detail because I know people who still haven't received word, so unfortunately it doesn't get more specific than that for now. Everyone should know what they're getting by tomorrow evening.

Want to continue reading?

Register for access!

Did I mention it was FREE ?


dixiecupdrinking

Gold
Posts: 3436
Joined: Sun Oct 26, 2008 2:39 pm

Re: Biglaw Bonus Watch (2013)

Post by dixiecupdrinking » Fri Dec 20, 2013 9:22 am

Man this black box thing seems like a massive pain in the ass for the partners. I'd rather just give everyone their Cravath scale and be done with it.

911 crisis actor

Bronze
Posts: 207
Joined: Sun Nov 17, 2013 3:03 pm

Re: Biglaw Bonus Watch (2013)

Post by 911 crisis actor » Fri Dec 20, 2013 10:50 am

But but but MERIT

User avatar
Old Gregg

Platinum
Posts: 5409
Joined: Thu Sep 01, 2011 1:26 pm

Re: Biglaw Bonus Watch (2013)

Post by Old Gregg » Fri Dec 20, 2013 12:35 pm

Those Quinn bonuses are laughable.

911 crisis actor

Bronze
Posts: 207
Joined: Sun Nov 17, 2013 3:03 pm

Re: Biglaw Bonus Watch (2013)

Post by 911 crisis actor » Fri Dec 20, 2013 1:57 pm

BSF recruiting lines swamped by Quinn associates looking to lateral

Register now!

Resources to assist law school applicants, students & graduates.

It's still FREE!


dixiecupdrinking

Gold
Posts: 3436
Joined: Sun Oct 26, 2008 2:39 pm

Re: Biglaw Bonus Watch (2013)

Post by dixiecupdrinking » Fri Dec 20, 2013 2:05 pm

But jeans.

Anonymous User
Posts: 432505
Joined: Tue Aug 11, 2009 9:32 am

Re: Biglaw Bonus Watch (2013)

Post by Anonymous User » Fri Dec 20, 2013 2:33 pm

From what I hear from friends who work there, K&E bonuses are looking really solid.

Anonymous User
Posts: 432505
Joined: Tue Aug 11, 2009 9:32 am

Re: Biglaw Bonus Watch (2013)

Post by Anonymous User » Fri Dec 20, 2013 3:05 pm

Anonymous User wrote:From what I hear from friends who work there, K&E bonuses are looking really solid.
Yeah they're good. Above basically everyone but WLRK, Boies, Susman and Cahill, but I don't think anyone expected us to beat them.

User avatar
Big Shrimpin

Gold
Posts: 2470
Joined: Fri Oct 24, 2008 12:35 pm

Re: Biglaw Bonus Watch (2013)

Post by Big Shrimpin » Fri Dec 20, 2013 3:24 pm

911 crisis actor wrote:BSF recruiting lines swamped by Quinn associates looking to lateral
Classic. Quinn associates flocking to BSF in DROVES.

Get unlimited access to all forums and topics

Register now!

I'm pretty sure I told you it's FREE...


User avatar
Old Gregg

Platinum
Posts: 5409
Joined: Thu Sep 01, 2011 1:26 pm

Re: Biglaw Bonus Watch (2013)

Post by Old Gregg » Fri Dec 20, 2013 3:50 pm

Big Shrimpin wrote:
911 crisis actor wrote:BSF recruiting lines swamped by Quinn associates looking to lateral
Classic. Quinn associates flocking to BSF in DROVES.
Buddy at BSF told me they just opened a call center in India to handle the influx of Quinn inquiries.

User avatar
Old Gregg

Platinum
Posts: 5409
Joined: Thu Sep 01, 2011 1:26 pm

Re: Biglaw Bonus Watch (2013)

Post by Old Gregg » Fri Dec 20, 2013 3:51 pm

Apparently Beijing is experiencing record levels of darkness because of Quinn resumes blotting out the sun.

User avatar
stillwater

Gold
Posts: 3804
Joined: Tue Jun 28, 2011 2:59 pm

Re: Biglaw Bonus Watch (2013)

Post by stillwater » Fri Dec 20, 2013 3:52 pm

zweitbester wrote:Apparently Beijing is experiencing record levels of darkness because of Quinn resumes blotting out the sun.
they dont see the sun anyway.

User avatar
thesealocust

Platinum
Posts: 8525
Joined: Mon Oct 20, 2008 8:50 pm

Re: Biglaw Bonus Watch (2013)

Post by thesealocust » Fri Dec 20, 2013 3:56 pm

Yawn.

Litigators and their litigating.

Communicate now with those who not only know what a legal education is, but can offer you worthy advice and commentary as you complete the three most educational, yet challenging years of your law related post graduate life.

Register now, it's still FREE!


User avatar
Old Gregg

Platinum
Posts: 5409
Joined: Thu Sep 01, 2011 1:26 pm

Re: Biglaw Bonus Watch (2013)

Post by Old Gregg » Fri Dec 20, 2013 3:59 pm

stillwater wrote:
zweitbester wrote:Apparently Beijing is experiencing record levels of darkness because of Quinn resumes blotting out the sun.
they dont see the sun anyway.
Quinn associates or people in Beijing?

User avatar
84651846190

Gold
Posts: 2198
Joined: Thu Sep 13, 2012 7:06 pm

Re: Biglaw Bonus Watch (2013)

Post by 84651846190 » Fri Dec 20, 2013 4:04 pm

zweitbester wrote:
stillwater wrote:
zweitbester wrote:Apparently Beijing is experiencing record levels of darkness because of Quinn resumes blotting out the sun.
they dont see the sun anyway.
Quinn associates or people in Beijing?
Yes.

User avatar
stillwater

Gold
Posts: 3804
Joined: Tue Jun 28, 2011 2:59 pm

Re: Biglaw Bonus Watch (2013)

Post by stillwater » Fri Dec 20, 2013 4:19 pm

zweitbester wrote:
stillwater wrote:
zweitbester wrote:Apparently Beijing is experiencing record levels of darkness because of Quinn resumes blotting out the sun.
they dont see the sun anyway.
Quinn associates or people in Beijing?
both

Anonymous User
Posts: 432505
Joined: Tue Aug 11, 2009 9:32 am

Re: Biglaw Bonus Watch (2013)

Post by Anonymous User » Fri Dec 20, 2013 7:46 pm

Quinn should just follow Cravath. The bonus matrix is almost insulting. Below-market bonuses for people billing 2050 hours a year is hilarious. And if you're an 8th year who billed 3200 hours for the year? Congrats, here's your whopping 1.2xCravath bonus.

Seriously? What are you waiting for?

Now there's a charge.
Just kidding ... it's still FREE!


Post Reply Post Anonymous Reply  

Return to “Legal Employment”