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Does this ever happen around the holiday season? Hours are low

If this situation were to happen, it is likely that if you were given a bonus it would be given to you in full or a prorated amount.

Hours are low, but a bonus is still on the table? o.O

ur_hero wrote:Hours are low, but a bonus is still on the table? o.O

Lockstep firms..

Anonymous User wrote:

ur_hero wrote:Hours are low, but a bonus is still on the table? o.O

Lockstep firms..

huh? Don't those firms require hitting a target for eligibility

A number of firms claim not to have a billable hours requirement.

Oh

Lol.

jd20132013 wrote:Oh

Lol.

I believe each of Cravath, S&C, DPW, STB, Cleary, PW, Deb and Milbank pay bonuses so long as you are employed and in "good standing" (and as far as i know, none impose hours requirements as proxies for good standing). There are probably a few others i'm missing.

I mean I don't work any of those places but I find it hard to believe that a cravath is giving someone who bills 1850 a full bonus when their peers are cranking out that sweet 2600 hour year

But that's just my uninformed take I have no evidence

jd20132013 wrote:I mean I don't work any of those places but I find it hard to believe that a cravath is giving someone who bills 1850 a full bonus when their peers are cranking out that sweet 2600 hour year

But that's just my uninformed take I have no evidence

At one of the firms that has no billable requirement to get a bonus. That's exactly what happens. Biglaw bonuses aren't really a true bonus anyway, and at a firm where everyone gets it, we just consider it part of total comp.

ok I stand pleasantly corrected then. Sucks to be the gunners killing themselves for no greater bonus I guess. But that's true even when firms set a minimum I suppose.

jd20132013 wrote:ok I stand pleasantly corrected then. Sucks to be the gunners killing themselves for no greater bonus I guess. But that's true even when firms set a minimum I suppose.

You get the bonus, but you get fired soon thereafter for being slow.

Yugihoe wrote:

jd20132013 wrote:ok I stand pleasantly corrected then. Sucks to be the gunners killing themselves for no greater bonus I guess. But that's true even when firms set a minimum I suppose.

You get the bonus, but you get fired soon thereafter for being slow.

Win-win

Yugihoe wrote:

jd20132013 wrote:ok I stand pleasantly corrected then. Sucks to be the gunners killing themselves for no greater bonus I guess. But that's true even when firms set a minimum I suppose.

You get the bonus, but you get fired soon thereafter for being slow.

At one of the firms listed above. Have lateral offer in hand but have been ultra slow. Plan to leave right when bonus is paid. Think I’m safe?

Anonymous User wrote:

Yugihoe wrote:

jd20132013 wrote:ok I stand pleasantly corrected then. Sucks to be the gunners killing themselves for no greater bonus I guess. But that's true even when firms set a minimum I suppose.

You get the bonus, but you get fired soon thereafter for being slow.

At one of the firms listed above. Have lateral offer in hand but have been ultra slow. Plan to leave right when bonus is paid. Think I’m safe?

My firm, also named, pays bonuses even after notice is given (2 confirmed cases). Don’t see why giving notice on bonus day would matter.

Keep in mind, firms on that list tend to be quite image conscious.

Anonymous User wrote:

Yugihoe wrote:

jd20132013 wrote:ok I stand pleasantly corrected then. Sucks to be the gunners killing themselves for no greater bonus I guess. But that's true even when firms set a minimum I suppose.

You get the bonus, but you get fired soon thereafter for being slow.

At one of the firms listed above. Have lateral offer in hand but have been ultra slow. Plan to leave right when bonus is paid. Think I’m safe?

Pretty common move.

Anonymous User wrote:

Yugihoe wrote:

jd20132013 wrote:ok I stand pleasantly corrected then. Sucks to be the gunners killing themselves for no greater bonus I guess. But that's true even when firms set a minimum I suppose.

You get the bonus, but you get fired soon thereafter for being slow.

At one of the firms listed above. Have lateral offer in hand but have been ultra slow. Plan to leave right when bonus is paid. Think I’m safe?

None are in the business of firing people, it's terrible PR and bad bus dev since they all count on alums to infiltrate the F500 and keep the gravy train running. If you haven't had a bad formal review/talk about picking up your hours I'd be absolutely stunned if you were laid off.

2014 wrote:

Anonymous User wrote:

Yugihoe wrote:

jd20132013 wrote:ok I stand pleasantly corrected then. Sucks to be the gunners killing themselves for no greater bonus I guess. But that's true even when firms set a minimum I suppose.

You get the bonus, but you get fired soon thereafter for being slow.

At one of the firms listed above. Have lateral offer in hand but have been ultra slow. Plan to leave right when bonus is paid. Think I’m safe?

None are in the business of firing people, it's terrible PR and bad bus dev since they all count on alums to infiltrate the F500 and keep the gravy train running. If you haven't had a bad formal review/talk about picking up your hours I'd be absolutely stunned if you were laid off.

Exactly what I needed to hear. Thanks!