Fried Frank New Bonus Policy
Posted: Tue Oct 20, 2015 11:39 pm
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https://www.top-law-schools.com/forums/viewtopic.php?f=23&t=255472
Mark.Hambleton, aren't you a 1L bro?Mack.Hambleton wrote:That feel when you only bill 2199 hours
Yes it was a joke because that's one of their cutoffsnerd1 wrote:Mark.Hambleton, aren't you a 1L bro?Mack.Hambleton wrote:That feel when you only bill 2199 hours
That feel when you bill 2700 hours - $$$$$$Mack.Hambleton wrote:That feel when you only bill 2199 hours
Better than my firm. 1950 = Bonus; 1949= NOTHING; 2950 = Same BonusMack.Hambleton wrote:That feel when you only bill 2199 hours
idk where people get the impression that you can decide how many hours to workAnonymous User wrote:How well does this bonus scheme works to incentivize more billable hours? I bet many will feel like taking it easy after 2000 hours
I didn't say an associate can decide how many hours he or she will work.. but you can certainly decide when to act like you hands are filled (I guess this depends on how the assigning system works) and other subtle methods for avoiding work.. not that this is a good long term strategy but not everyone wants to stay in big law more than a few yearsEl Pollito wrote:idk where people get the impression that you can decide how many hours to workAnonymous User wrote:How well does this bonus scheme works to incentivize more billable hours? I bet many will feel like taking it easy after 2000 hours
Many litigators are right around thereChrstgtr wrote:So does anyone actually bill under 2000 hours at FF? If so, do those people actually still have jobs after the firm realizes that they billed under 2000 for a whole year?
ETA: how do you think this signals FF's ability to match the inevitable salary bump to 190?
not really, partners can see your hours and at some firms everyone can see your hoursAnonymous User wrote:I didn't say an associate can decide how many hours he or she will work.. but you can certainly decide when to act like you hands are filled (I guess this depends on how the assigning system works) and other subtle methods for avoiding work.. not that this is a good long term strategy but not everyone wants to stay in big law more than a few yearsEl Pollito wrote:idk where people get the impression that you can decide how many hours to workAnonymous User wrote:How well does this bonus scheme works to incentivize more billable hours? I bet many will feel like taking it easy after 2000 hours
pro bono is just billable work with more paddingAnonymous User wrote:Fwiw those numbers don't necessarily mean billable hours only. They include pro bono (and you can do a ton of pro bono here), for instance.
billable work that no one really wants you to dofats provolone wrote:pro bono is just billable work with more paddingAnonymous User wrote:Fwiw those numbers don't necessarily mean billable hours only. They include pro bono (and you can do a ton of pro bono here), for instance.
Starting next fall, 190k. Now, a measly 160kSaddle Up wrote: Also, curious on how much a first year associate at this firm receives as their regular salary.