New associate banter Forum
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.
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.
-
- Posts: 5923
- Joined: Tue Apr 21, 2009 9:10 pm
Re: New associate banter
LOL at the idea that they would pro rate you after the first milestone. The reason firms have milestones like that is to induce people to get to the higher ones, since they're making WAY more off of you to work those extra hours than you're getting as an additional bonus.
- El Pollito
- Posts: 20139
- Joined: Tue Jul 16, 2013 2:11 pm
Re: New associate banter
+1keg411 wrote:LOL at the idea that they would pro rate you after the first milestone. The reason firms have milestones like that is to induce people to get to the higher ones, since they're making WAY more off of you to work those extra hours than you're getting as an additional bonus.
Biglaw_Associate_V20 wrote:bone us
- gk101
- Posts: 3854
- Joined: Fri May 30, 2008 6:22 pm
Re: New associate banter
Yup. My firm does not prorate and I haven't heard of any others that do that.keg411 wrote:LOL at the idea that they would pro rate you after the first milestone. The reason firms have milestones like that is to induce people to get to the higher ones, since they're making WAY more off of you to work those extra hours than you're getting as an additional bonus.
-
- Posts: 428520
- Joined: Tue Aug 11, 2009 9:32 am
Re: New associate banter
As I said, stupid question. I only asked because I have no partnership ambitions whatsoever and would gladly take whatever heat/consequences would come with slacking if it looked like I was going to get stuck in "no man's land" and spend 100+ extra hours in the office for no reason (unless it looked clear that it would be possible to get to the milestone).gk101 wrote:Yup. My firm does not prorate and I haven't heard of any others that do that.keg411 wrote:LOL at the idea that they would pro rate you after the first milestone. The reason firms have milestones like that is to induce people to get to the higher ones, since they're making WAY more off of you to work those extra hours than you're getting as an additional bonus.
- anon with question
- TatteredDignity
- Posts: 1592
- Joined: Fri Jul 04, 2008 2:06 am
Re: New associate banter
I'm also just a 3L, so it isn't really my place to say, but based on what's been said in these threads I'm not sure if your plan is realistic. TSL and others have emphasized that how many hours you work is largely outside of your control. It's not as though people are deciding to stay until 10:00PM rather than leaving at 7:00 just because they want to pad their hours and gun for partner/bonus. It's because a filing deadline is coming up, or a deal just came in, and it's all hands on deck. At that point, working late isn't about making partner or not, it's about getting fired or not.Anonymous User wrote:As I said, stupid question. I only asked because I have no partnership ambitions whatsoever and would gladly take whatever heat/consequences would come with slacking if it looked like I was going to get stuck in "no man's land" and spend 100+ extra hours in the office for no reason (unless it looked clear that it would be possible to get to the milestone).gk101 wrote:Yup. My firm does not prorate and I haven't heard of any others that do that.keg411 wrote:LOL at the idea that they would pro rate you after the first milestone. The reason firms have milestones like that is to induce people to get to the higher ones, since they're making WAY more off of you to work those extra hours than you're getting as an additional bonus.
- anon with question
Want to continue reading?
Register now to search topics and post comments!
Absolutely FREE!
Already a member? Login
-
- Posts: 557
- Joined: Sat Oct 23, 2010 2:49 pm
Re: New associate banter
Yep, this. If you're at 2000 hours at the end of November and have 5 deals that need to close by year-end, you can't just stop working and take the month of December off unless you don't want the job anymore.TatteredDignity wrote:I'm also just a 3L, so it isn't really my place to say, but based on what's been said in these threads I'm not sure if your plan is realistic. TSL and others have emphasized that how many hours you work is largely outside of your control. It's not as though people are deciding to stay until 10:00PM rather than leaving at 7:00 just because they want to pad their hours and gun for partner/bonus. It's because a filing deadline is coming up, or a deal just came in, and it's all hands on deck. At that point, working late isn't about making partner or not, it's about getting fired or not.Anonymous User wrote:As I said, stupid question. I only asked because I have no partnership ambitions whatsoever and would gladly take whatever heat/consequences would come with slacking if it looked like I was going to get stuck in "no man's land" and spend 100+ extra hours in the office for no reason (unless it looked clear that it would be possible to get to the milestone).gk101 wrote:Yup. My firm does not prorate and I haven't heard of any others that do that.keg411 wrote:LOL at the idea that they would pro rate you after the first milestone. The reason firms have milestones like that is to induce people to get to the higher ones, since they're making WAY more off of you to work those extra hours than you're getting as an additional bonus.
- anon with question
- quakeroats
- Posts: 1397
- Joined: Mon Oct 26, 2009 8:34 am
Re: New associate banter
For scheduled vacations, my firm will foot the bill. I'd be surprised if most firms didn't take a similar tack.zweitbester wrote:Only if the client is willing to foot the bill.quakeroats wrote:Many firms will make you whole if they need you during a scheduled vacation.zweitbester wrote:I feel like trip insurance never pays out except in the most particular circumstances. And I'm pretty sure being called into work isn't one of then, but could be wrong.
- Old Gregg
- Posts: 5409
- Joined: Thu Sep 01, 2011 1:26 pm
Re: New associate banter
I know better than to get into an argument with you.
-
- Posts: 5923
- Joined: Tue Apr 21, 2009 9:10 pm
Re: New associate banter
+1. As a junior (and especially as a first year), you have almost no control over how much or how little you work. But it's more than just that -- there are also a ton of other dynamics at play that you can't possibly predict until you actually start working (such as the sub-group you end up working with, the case/deals you end up working on, how many other first years are in your group/sub-group, which partners or sub-groups you *want* to work for, if you're at a Free Market firm where you have to seek out your own work, etc.).*Sup Kid wrote:Yep, this. If you're at 2000 hours at the end of November and have 5 deals that need to close by year-end, you can't just stop working and take the month of December off unless you don't want the job anymore.
*Obviously if you're at a firm with a very strict rotation system, the other stuff won't be in play, but you'll just have zero control over your schedule instead of almost zero control.
-
- Posts: 3436
- Joined: Sun Oct 26, 2008 2:39 pm
Re: New associate banter
This is why I think it's healthier to think of bonuses as recognition of past work rather than incentives to work harder. I know that's kind of an artificial distinction, but thinking "hey thanks for $10k" will take fewer years off your life than "wtf this only works out to $15 an hour why did I bother" or whatever.keg411 wrote:+1. As a junior (and especially as a first year), you have almost no control over how much or how little you work. But it's more than just that -- there are also a ton of other dynamics at play that you can't possibly predict until you actually start working (such as the sub-group you end up working with, the case/deals you end up working on, how many other first years are in your group/sub-group, which partners or sub-groups you *want* to work for, if you're at a Free Market firm where you have to seek out your own work, etc.).*Sup Kid wrote:Yep, this. If you're at 2000 hours at the end of November and have 5 deals that need to close by year-end, you can't just stop working and take the month of December off unless you don't want the job anymore.
*Obviously if you're at a firm with a very strict rotation system, the other stuff won't be in play, but you'll just have zero control over your schedule instead of almost zero control.
- Old Gregg
- Posts: 5409
- Joined: Thu Sep 01, 2011 1:26 pm
Re: New associate banter
Isn't the bolded thinking of bonuses as recognition of past work, though?dixiecupdrinking wrote:This is why I think it's healthier to think of bonuses as recognition of past work rather than incentives to work harder. I know that's kind of an artificial distinction, but thinking "hey thanks for $10k" will take fewer years off your life than "wtf this only works out to $15 an hour why did I bother" or whatever.keg411 wrote:+1. As a junior (and especially as a first year), you have almost no control over how much or how little you work. But it's more than just that -- there are also a ton of other dynamics at play that you can't possibly predict until you actually start working (such as the sub-group you end up working with, the case/deals you end up working on, how many other first years are in your group/sub-group, which partners or sub-groups you *want* to work for, if you're at a Free Market firm where you have to seek out your own work, etc.).*Sup Kid wrote:Yep, this. If you're at 2000 hours at the end of November and have 5 deals that need to close by year-end, you can't just stop working and take the month of December off unless you don't want the job anymore.
*Obviously if you're at a firm with a very strict rotation system, the other stuff won't be in play, but you'll just have zero control over your schedule instead of almost zero control.
-
- Posts: 3436
- Joined: Sun Oct 26, 2008 2:39 pm
Re: New associate banter
well yes I suppose it is. excellent point.zweitbester wrote:Isn't the bolded thinking of bonuses as recognition of past work, though?dixiecupdrinking wrote:This is why I think it's healthier to think of bonuses as recognition of past work rather than incentives to work harder. I know that's kind of an artificial distinction, but thinking "hey thanks for $10k" will take fewer years off your life than "wtf this only works out to $15 an hour why did I bother" or whatever.keg411 wrote:+1. As a junior (and especially as a first year), you have almost no control over how much or how little you work. But it's more than just that -- there are also a ton of other dynamics at play that you can't possibly predict until you actually start working (such as the sub-group you end up working with, the case/deals you end up working on, how many other first years are in your group/sub-group, which partners or sub-groups you *want* to work for, if you're at a Free Market firm where you have to seek out your own work, etc.).*Sup Kid wrote:Yep, this. If you're at 2000 hours at the end of November and have 5 deals that need to close by year-end, you can't just stop working and take the month of December off unless you don't want the job anymore.
*Obviously if you're at a firm with a very strict rotation system, the other stuff won't be in play, but you'll just have zero control over your schedule instead of almost zero control.
I guess what I'm trying to say is that the more you can think about these as gratuitous payments rather than part of your core compensation, the happier you'll be.
- quakeroats
- Posts: 1397
- Joined: Mon Oct 26, 2009 8:34 am
Re: New associate banter
Don't argue with me. If you're planning a vacation ask your peers what the policy is. Don't spend money on trip insurance if your firm will cover you.zweitbester wrote:I know better than to get into an argument with you.
Register now!
Resources to assist law school applicants, students & graduates.
It's still FREE!
Already a member? Login
- Old Gregg
- Posts: 5409
- Joined: Thu Sep 01, 2011 1:26 pm
Re: New associate banter
I've been at my firm long enough to become a midlevel. I think I'd know our vacation policies by now.quakeroats wrote:Don't argue with me. If you're planning a vacation ask your peers what the policy is. Don't spend money on trip insurance if your firm will cover you.zweitbester wrote:I know better than to get into an argument with you.
- 5ky
- Posts: 10835
- Joined: Mon Oct 05, 2009 4:10 pm
Re: New associate banter
I don't know. quakeroats graduated in 2013. i'd be inclined to listen to him as an authority on all firm matters.zweitbester wrote:I've been at my firm long enough to become a midlevel. I think I'd know our vacation policies by now.quakeroats wrote:Don't argue with me. If you're planning a vacation ask your peers what the policy is. Don't spend money on trip insurance if your firm will cover you.zweitbester wrote:I know better than to get into an argument with you.
- El Pollito
- Posts: 20139
- Joined: Tue Jul 16, 2013 2:11 pm
Re: New associate banter
Especially ones that involve social cues.5ky wrote:I don't know. quakeroats graduated in 2013. i'd be inclined to listen to him as an authority on all firm matters.zweitbester wrote:I've been at my firm long enough to become a midlevel. I think I'd know our vacation policies by now.quakeroats wrote:Don't argue with me. If you're planning a vacation ask your peers what the policy is. Don't spend money on trip insurance if your firm will cover you.zweitbester wrote:I know better than to get into an argument with you.
- quakeroats
- Posts: 1397
- Joined: Mon Oct 26, 2009 8:34 am
Re: New associate banter
+15ky wrote:I don't know. quakeroats graduated in 2013. i'd be inclined to listen to him as an authority on all firm matters.zweitbester wrote:I've been at my firm long enough to become a midlevel. I think I'd know our vacation policies by now.quakeroats wrote:Don't argue with me. If you're planning a vacation ask your peers what the policy is. Don't spend money on trip insurance if your firm will cover you.zweitbester wrote:I know better than to get into an argument with you.
Get unlimited access to all forums and topics
Register now!
I'm pretty sure I told you it's FREE...
Already a member? Login
- 20160810
- Posts: 18121
- Joined: Fri May 02, 2008 1:18 pm
Re: New associate banter
In measured defense of a bad poster, he basically just said "ask hr about the policy."5ky wrote:I don't know. quakeroats graduated in 2013. i'd be inclined to listen to him as an authority on all firm matters.zweitbester wrote:I've been at my firm long enough to become a midlevel. I think I'd know our vacation policies by now.quakeroats wrote:Don't argue with me. If you're planning a vacation ask your peers what the policy is. Don't spend money on trip insurance if your firm will cover you.zweitbester wrote:I know better than to get into an argument with you.
-
- Posts: 428520
- Joined: Tue Aug 11, 2009 9:32 am
Re: New associate banter
sorry to ask here but this doesn't deserve its own thread
if i have good credit, and standard NY biglaw salary, how much money do i need in the bank to convince a landlord to let me take on a lease before i start my job? (presume trying to move in in august or september with start date in october). or does the employment letter pretty much cover it as long as you can pay first/security?
if i have good credit, and standard NY biglaw salary, how much money do i need in the bank to convince a landlord to let me take on a lease before i start my job? (presume trying to move in in august or september with start date in october). or does the employment letter pretty much cover it as long as you can pay first/security?
- thesealocust
- Posts: 8525
- Joined: Mon Oct 20, 2008 8:50 pm
Re: New associate banter
The employment letter will specify the salary and should do the trick for anything non-obscene, although an August move/October start might be a problem.Anonymous User wrote:sorry to ask here but this doesn't deserve its own thread
if i have good credit, and standard NY biglaw salary, how much money do i need in the bank to convince a landlord to let me take on a lease before i start my job? (presume trying to move in in august or september with start date in october). or does the employment letter pretty much cover it as long as you can pay first/security?
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!
Already a member? Login
-
- Posts: 428520
- Joined: Tue Aug 11, 2009 9:32 am
Re: New associate banter
so best to keep it to one month ahead at most, then?thesealocust wrote:The employment letter will specify the salary and should do the trick for anything non-obscene, although an August move/October start might be a problem.Anonymous User wrote:sorry to ask here but this doesn't deserve its own thread
if i have good credit, and standard NY biglaw salary, how much money do i need in the bank to convince a landlord to let me take on a lease before i start my job? (presume trying to move in in august or september with start date in october). or does the employment letter pretty much cover it as long as you can pay first/security?
-
- Posts: 428520
- Joined: Tue Aug 11, 2009 9:32 am
Re: New associate banter
Roommate and I did an August lease signing/Oct move-in/Dec start date, and didn't have any problems. Both of us had solid 700+ credit scores, but I had 3 digits in my bank account when we signed the lease. This was in CA and not NYC, so you may have more trouble, but we signed for a place that was around $4000 and had no trouble with the delays. GL!thesealocust wrote:The employment letter will specify the salary and should do the trick for anything non-obscene, although an August move/October start might be a problem.Anonymous User wrote:sorry to ask here but this doesn't deserve its own thread
if i have good credit, and standard NY biglaw salary, how much money do i need in the bank to convince a landlord to let me take on a lease before i start my job? (presume trying to move in in august or september with start date in october). or does the employment letter pretty much cover it as long as you can pay first/security?
-
- Posts: 428520
- Joined: Tue Aug 11, 2009 9:32 am
Re: New associate banter
I'm planning to move to NYC after graduation but before bar study gets super serious-- probably sometime in June. I have $10K in SA money set aside plus a $4K stipend from my firm and a good credit score. Does that plus my employment letter sound like enough for a lease?
- Dr. Review
- Posts: 1800
- Joined: Sat Jan 30, 2010 1:51 am
Re: New associate banter
I have never been denied a lease with an offer letter in hand. I have signed at least 2-3 leases that way. [disclaimer: this was not NYC, YMMV]Anonymous User wrote:I'm planning to move to NYC after graduation but before bar study gets super serious-- probably sometime in June. I have $10K in SA money set aside plus a $4K stipend from my firm and a good credit score. Does that plus my employment letter sound like enough for a lease?
Seriously? What are you waiting for?
Now there's a charge.
Just kidding ... it's still FREE!
Already a member? Login