Firms that Pay Above Market to High Billers Forum

[Anonymous User]

Seems like effectively none of the white shoe/heritage firms in any market go up over for high billers, sheesh

Probably because they have no minimum requirement?

This isn't an excuse. None of KE or LW have a floor (Sidley might, I'm not sure). The fact is that you're way more likely to have a >2000 year than a slow/1800 year, and this has been true since 2018 if you're in a major transactional practice. If you're getting paid "market" and you're billing >2100+, you're underpaid and no one gives a shit about prestige.

Isn't LW 1900 and Sidley 2000?

[Anonymous User]

Seems like effectively none of the white shoe/heritage firms in any market go up over for high billers, sheesh

Probably because they have no minimum requirement?

This isn't an excuse. None of KE or LW have a floor (Sidley might, I'm not sure). The fact is that you're way more likely to have a >2000 year than a slow/1800 year, and this has been true since 2018 if you're in a major transactional practice. If you're getting paid "market" and you're billing >2100+, you're underpaid and no one gives a shit about prestige.

Isn't LW 1900 and Sidley 2000?

Fair point regarding Latham. Point stands in any case that if you're in a major transactional practice, you've been busy for a while now and shouldn't be afraid of coming in below any potential floor.

[Anonymous User]

Gibson Dunn pays an above market bonus for every office other than NYC. ..you know, one of the most expensive cities in the world where the associates on average bill higher than any other office.

[Anonymous User]

Sidley. Objectively high biller. 2x market.

X is base plus special bonus or just base?

[Anonymous User]

Kirkland is black box but hours are a major component of above-market bonuses, with some very high billers (who receive excellent merit scores in annual review) approaching 2x market bonuses.

Not really this year. People billing 3,000 hours didn’t even get 1.5x.