3g Bonus for 2nd year Forum
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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.
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- Posts: 428461
- Joined: Tue Aug 11, 2009 9:32 am
3g Bonus for 2nd year
Secondary market, entering third year, lateralled to this black box firm 6 months before end of "billable year".
Was told that bonus is almost entirely based off of profits, and I was not profitable yet. They said that that makes sense as almost no one is profitable in first 6 months (it takes time to collect bills and whatnot, and I took time off for bar exam). They said they giving me a nominal bonus of 3g. But am getting salary raise since I am progressing accordingly.
How bad did I get fucked?
Is there anything I can do?
Is this normal?
Was told that bonus is almost entirely based off of profits, and I was not profitable yet. They said that that makes sense as almost no one is profitable in first 6 months (it takes time to collect bills and whatnot, and I took time off for bar exam). They said they giving me a nominal bonus of 3g. But am getting salary raise since I am progressing accordingly.
How bad did I get fucked?
Is there anything I can do?
Is this normal?
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- Posts: 1474
- Joined: Fri Mar 14, 2014 9:00 pm
Re: 3g Bonus for 2nd year
Its black box so what did you expect?Anonymous User wrote:Secondary market, entering third year, lateralled to this black box firm 6 months before end of "billable year".
Was told that bonus is almost entirely based off of profits, and I was not profitable yet. They said that that makes sense as almost no one is profitable in first 6 months (it takes time to collect bills and whatnot, and I took time off for bar exam). They said they giving me a nominal bonus of 3g. But am getting salary raise since I am progressing accordingly.
How bad did I get fucked?
Is there anything I can do?
Is this normal?
-
- Posts: 428461
- Joined: Tue Aug 11, 2009 9:32 am
Re: 3g Bonus for 2nd year
is black box synonymous for "we fuck you over by being cheap"?mvp99 wrote:Its black box so what did you expect?Anonymous User wrote:Secondary market, entering third year, lateralled to this black box firm 6 months before end of "billable year".
Was told that bonus is almost entirely based off of profits, and I was not profitable yet. They said that that makes sense as almost no one is profitable in first 6 months (it takes time to collect bills and whatnot, and I took time off for bar exam). They said they giving me a nominal bonus of 3g. But am getting salary raise since I am progressing accordingly.
How bad did I get fucked?
Is there anything I can do?
Is this normal?
Last edited by Anonymous User on Wed Jan 03, 2018 1:10 pm, edited 1 time in total.
- LaLiLuLeLo
- Posts: 949
- Joined: Wed Jun 08, 2016 11:54 am
Re: 3g Bonus for 2nd year
Dat typo.Anonymous User wrote:is black boy synonymous for "we fuck you over by being cheap"?mvp99 wrote:Its black box so what did you expect?Anonymous User wrote:Secondary market, entering third year, lateralled to this black box firm 6 months before end of "billable year".
Was told that bonus is almost entirely based off of profits, and I was not profitable yet. They said that that makes sense as almost no one is profitable in first 6 months (it takes time to collect bills and whatnot, and I took time off for bar exam). They said they giving me a nominal bonus of 3g. But am getting salary raise since I am progressing accordingly.
How bad did I get fucked?
Is there anything I can do?
Is this normal?
And yes. That’s the motto emblazoned in every Jones Day office.
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- Posts: 428461
- Joined: Tue Aug 11, 2009 9:32 am
Re: 3g Bonus for 2nd year
LaLiLuLeLo wrote:Dat typo.Anonymous User wrote:is black box synonymous for "we fuck you over by being cheap"?mvp99 wrote:Its black box so what did you expect?Anonymous User wrote:Secondary market, entering third year, lateralled to this black box firm 6 months before end of "billable year".
Was told that bonus is almost entirely based off of profits, and I was not profitable yet. They said that that makes sense as almost no one is profitable in first 6 months (it takes time to collect bills and whatnot, and I took time off for bar exam). They said they giving me a nominal bonus of 3g. But am getting salary raise since I am progressing accordingly.
How bad did I get fucked?
Is there anything I can do?
Is this normal?
And yes. That’s the motto emblazoned in every Jones Day office.
fixed. woops
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- 2014
- Posts: 6028
- Joined: Sat Jun 05, 2010 3:53 pm
Re: 3g Bonus for 2nd year
What is normal for your firm and market?
Major market for your class year is 25k and assuming the default is prorated for mid year starters unless you negotiate away from it so you were looking at 12.5k even at a major firm in NY/CA/DC/TX. Adjust that down to whatever market is in your secondary and your not meeting the hours requirement (which a profitability requirement effectively is, just dressed up a bit) and 3k kind of sounds reasonable.
Major market for your class year is 25k and assuming the default is prorated for mid year starters unless you negotiate away from it so you were looking at 12.5k even at a major firm in NY/CA/DC/TX. Adjust that down to whatever market is in your secondary and your not meeting the hours requirement (which a profitability requirement effectively is, just dressed up a bit) and 3k kind of sounds reasonable.
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- Posts: 428461
- Joined: Tue Aug 11, 2009 9:32 am
Re: 3g Bonus for 2nd year
Do you work at Pepper Hamilton? Because a lot of 2nd years there got less than you, even if they hit hours.
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- Posts: 428461
- Joined: Tue Aug 11, 2009 9:32 am
Re: 3g Bonus for 2nd year
2014 wrote:What is normal for your firm and market?
Major market for your class year is 25k and assuming the default is prorated for mid year starters unless you negotiate away from it so you were looking at 12.5k even at a major firm in NY/CA/DC/TX. Adjust that down to whatever market is in your secondary and your not meeting the hours requirement (which a profitability requirement effectively is, just dressed up a bit) and 3k kind of sounds reasonable.
I was told I can expect well into 5 figures next year. To the poster below you, I do not work at pepper Hamilton.
- nealric
- Posts: 4279
- Joined: Fri Sep 25, 2009 9:53 am
Re: 3g Bonus for 2nd year
Possible exception for former SCOTUS clerks.LaLiLuLeLo wrote:Dat typo.Anonymous User wrote:is black boy synonymous for "we fuck you over by being cheap"?mvp99 wrote:Its black box so what did you expect?Anonymous User wrote:Secondary market, entering third year, lateralled to this black box firm 6 months before end of "billable year".
Was told that bonus is almost entirely based off of profits, and I was not profitable yet. They said that that makes sense as almost no one is profitable in first 6 months (it takes time to collect bills and whatnot, and I took time off for bar exam). They said they giving me a nominal bonus of 3g. But am getting salary raise since I am progressing accordingly.
How bad did I get fucked?
Is there anything I can do?
Is this normal?
And yes. That’s the motto emblazoned in every Jones Day office.