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nyc, biglaw, V50 firms: how do their bonuses work?

Anonymous User wrote:nyc, biglaw, V50 firms: how do their bonuses work?

Lockstep

Google it

guano wrote:

Anonymous User wrote:nyc, biglaw, V50 firms: how do their bonuses work?

Lockstep

Google it

Wrong. Depends on the firm. The top firms seem to give lockstep bonuses, but there are exceptions everywhere. V-50 is far enough from the top that many firms give performance-based (hours-based) bonuses. ATL has firm information in their career center that includes bonus information for firms if known. I wouldn't waste my time Googling this, you probably won't find a specific answer.

Anonymous User wrote:

guano wrote:

Anonymous User wrote:nyc, biglaw, V50 firms: how do their bonuses work?

Lockstep

Google it

Wrong. Depends on the firm. The top firms seem to give lockstep bonuses, but there are exceptions everywhere. V-50 is far enough from the top that many firms give performance-based (hours-based) bonuses. ATL has firm information in their career center that includes bonus information for firms if known. I wouldn't waste my time Googling this, you probably won't find a specific answer.

I didn't mean to make this anonymous

Like everything else related to associate comp, Boomer partners will calculate the bare minimum amount they will have to part with to retain the best talent. ITE, with the vast hordes of law students continually being pumped out by law schools, I wouldn't expect anything near what associates were getting during boom times.

guano wrote:

Anonymous User wrote:nyc, biglaw, V50 firms: how do their bonuses work?

Lockstep

Google it

This is becoming far less common, even among top firms.

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