Billable Target and Bonus Forum

(On Campus Interviews, Summer Associate positions, Firm Reviews, Tips, ...)
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 User
Posts: 432497
Joined: Tue Aug 11, 2009 9:32 am

Billable Target and Bonus

Post by Anonymous User » Tue Jul 23, 2019 3:50 pm

I'm a second year associate working at Biglaw in NY. My firm has a fixed 1900 billables requirement to be eligible for bonus - I'm falling short of that this year (should end up around 1500-1600). Basically, I requested to move to the NY office from a satellite office mid-year for personal reasons, which was granted. As a result, in the ramp down from the satellite office and the ramp up in the NY office, I lost about 3 solid months of billable work (months where I billed 0-50 hours). I'm told often that my work is appreciated and that the team values my contribution. Even so, I'm rarely billing more than 7-8 hours on any given day. The practice group I'm in has historically had trouble hiring / retaining talent.

Here's the question: is it a stretch to ask them to give me a concession as a result of the move and pay my bonus? Should I ask for the full amount or a pro rated amount? I'm wary of rocking the boar since I just moved over a few months ago and I'm also looking for the firm to sponsor my greencard / permanent residence visa petition next year.

Appreciate your inputs!

KM2016

Bronze
Posts: 282
Joined: Wed Jul 09, 2014 1:20 am

Re: Billable Target and Bonus

Post by KM2016 » Tue Jul 23, 2019 4:22 pm

Anonymous User wrote:I'm a second year associate working at Biglaw in NY. My firm has a fixed 1900 billables requirement to be eligible for bonus - I'm falling short of that this year (should end up around 1500-1600). Basically, I requested to move to the NY office from a satellite office mid-year for personal reasons, which was granted. As a result, in the ramp down from the satellite office and the ramp up in the NY office, I lost about 3 solid months of billable work (months where I billed 0-50 hours). I'm told often that my work is appreciated and that the team values my contribution. Even so, I'm rarely billing more than 7-8 hours on any given day. The practice group I'm in has historically had trouble hiring / retaining talent.

Here's the question: is it a stretch to ask them to give me a concession as a result of the move and pay my bonus? Should I ask for the full amount or a pro rated amount? I'm wary of rocking the boar since I just moved over a few months ago and I'm also looking for the firm to sponsor my greencard / permanent residence visa petition next year.

Appreciate your inputs!
I wouldn't rock the boar if I were you.

In all seriousness though, given that the firm accommodated your move to a new office and you're going to ask for greencard sponsorship in the near future, I don't think you're in any position to ask for a bonus. A 1900 billable requirement for bonuses isn't even that high, so I wouldn't draw attention to the fact you'll be well below that minimum, let alone asking for a bonus. While it's understandable you lost some billables making the move from one office to another, the firm could take the view that you should have maintained your utilization since it was an intra-firm transfer.

User avatar
papermateflair

Bronze
Posts: 296
Joined: Thu Jan 31, 2019 1:49 pm

Re: Billable Target and Bonus

Post by papermateflair » Tue Jul 23, 2019 4:57 pm

I wouldn't ask for a bonus. Maybe if your low hours were because of something the firm did that was out of your control, but you're not like, 100 hours behind because your firm made you spend 300 hours on a non-billable business development project - you're behind because you requested to move. At some firms being significantly below hours would lead to being held back a year for comp purposes, and you don't want to look completely out of touch.

User avatar
jkpolk

Silver
Posts: 1236
Joined: Thu Nov 10, 2011 10:44 am

Re: Billable Target and Bonus

Post by jkpolk » Tue Jul 23, 2019 5:36 pm

No problem at all asking but they'll probably say no.

ghostoftraynor

Bronze
Posts: 305
Joined: Mon Jan 20, 2014 9:43 pm

Re: Billable Target and Bonus

Post by ghostoftraynor » Tue Jul 23, 2019 7:05 pm

For the reasons others have already stated, I think this is a terrible idea.

Want to continue reading?

Register now to search topics and post comments!

Absolutely FREE!


Excellent117

Bronze
Posts: 429
Joined: Fri Dec 23, 2011 4:44 pm

Re: Billable Target and Bonus

Post by Excellent117 » Tue Jul 23, 2019 7:46 pm

You all are way too risk averse. OP should just ask. The worst that can happen is the firm says no, which they probably will, but they're not going to hold it over OP going forward.

User avatar
beepboopbeep

Gold
Posts: 1607
Joined: Thu Oct 18, 2012 7:36 pm

Re: Billable Target and Bonus

Post by beepboopbeep » Tue Jul 23, 2019 8:05 pm

Do you know that you aren't getting a bonus yet? It's July. Even if you end up below, I would guess your firm would make an affirmative decision about giving you a bonus or pro-rating one regardless of whether you ask, just based on anecdata of friends/colleagues who have ended up below a cutoff.

User avatar
Yea All Right

Silver
Posts: 579
Joined: Tue Nov 26, 2013 6:27 pm

Re: Billable Target and Bonus

Post by Yea All Right » Tue Jul 23, 2019 8:23 pm

Excellent117 wrote:You all are way too risk averse. OP should just ask. The worst that can happen is the firm says no, which they probably will, but they're not going to hold it over OP going forward.
That's the thing: you don't know that the firm won't hold it over OP.

Personally I wouldn't ask, but I'm admittedly risk-averse and not really a rock-the-boat type of guy. OP, if you feel otherwise, you do you. Especially if you don't think you'll be at the firm for the long-term.

yankees12345!

New
Posts: 47
Joined: Mon Jan 26, 2015 11:43 pm

Re: Billable Target and Bonus

Post by yankees12345! » Tue Jul 23, 2019 9:15 pm

beepboopbeep wrote:Do you know that you aren't getting a bonus yet? It's July. Even if you end up below, I would guess your firm would make an affirmative decision about giving you a bonus or pro-rating one regardless of whether you ask, just based on anecdata of friends/colleagues who have ended up below a cutoff.
Related question: do big firms tend to pay a bonus (either full or partial) to first-year associates who miss the target by, say, 100 hours or so?

Just curious, thanks for any replies.

Want to continue reading?

Register for access!

Did I mention it was FREE ?


2013

Silver
Posts: 931
Joined: Thu Jan 31, 2013 2:29 am

Re: Billable Target and Bonus

Post by 2013 » Wed Jul 24, 2019 12:06 am

You’re going to come off as tonedeaf if you ask the firm for a full bonus when you’re at 1500 hours. It’s going to draw attention to your low hours, as others have mentioned.

This isn’t a situation where only risk averse people would avoid confrontation. It is downright idiotic to try to ask for a bonus when you cost the firm money by asking for the transfer.

s1m4

Bronze
Posts: 302
Joined: Tue Jan 12, 2010 10:04 pm

Re: Billable Target and Bonus

Post by s1m4 » Wed Jul 24, 2019 1:52 am

I think OP should ask when bonus time comes - a person asking for a bonus is not going to be determinitive in laying off that person, thats just silly, and neither will it "call attention to his hours", which partners see anyway. At my v100 bonuses are detemined by office, so if people like you at the new office they may definerly pro rate bonus to keep you.

Saltnpeppa1

New
Posts: 13
Joined: Fri Jun 30, 2017 3:12 pm

Re: Billable Target and Bonus

Post by Saltnpeppa1 » Thu Jul 25, 2019 6:22 pm

You should definitely not ask for the bonus. The near certainty of you looking completely tone deaf outweighs the minimal increase chance that you will get a bonus because you asked. This seems like a pretty easy call.

notinbiglaw

Bronze
Posts: 280
Joined: Thu Jul 25, 2019 9:05 am

Re: Billable Target and Bonus

Post by notinbiglaw » Thu Jul 25, 2019 6:26 pm

Unless you’re some super star doing good work and clocking crazy billables trying to catch up, I think it’s silly to even ask.

Unless you’re okay with giving up part of the salary for the months you were underbilling due to the move too.

Register now!

Resources to assist law school applicants, students & graduates.

It's still FREE!


User avatar
hdivschool

Bronze
Posts: 166
Joined: Mon Nov 01, 2010 2:41 pm

Re: Billable Target and Bonus

Post by hdivschool » Thu Jul 25, 2019 6:54 pm

You shouldn't ask for the bonus. It is ridiculous to ask for it and you are lucky you are not being fired if you actually only bill 1500 hours.

ghostoftraynor

Bronze
Posts: 305
Joined: Mon Jan 20, 2014 9:43 pm

Re: Billable Target and Bonus

Post by ghostoftraynor » Thu Jul 25, 2019 8:56 pm

Saltnpeppa1 wrote:You should definitely not ask for the bonus. The near certainty of you looking completely tone deaf outweighs the minimal increase chance that you will get a bonus because you asked. This seems like a pretty easy call.
This. Not sure why we are being called "too risk adverse". I usually give people the benefit of the doubt, but I'd imagine I'd think less of an associate who made this request to me. And plenty of biglaw partners are not the type to give people much benefit of doubt.

Not that I think the consequences would be dramatic. Doubt anyone gets fired for asking for a bonus. But, people definitely could think less of you for it. On the flip side, I think chances of getting a bonus here are close to zero.

Anonymous User
Posts: 432497
Joined: Tue Aug 11, 2009 9:32 am

Re: Billable Target and Bonus

Post by Anonymous User » Thu Jul 25, 2019 9:32 pm

yankees12345! wrote:
beepboopbeep wrote:Do you know that you aren't getting a bonus yet? It's July. Even if you end up below, I would guess your firm would make an affirmative decision about giving you a bonus or pro-rating one regardless of whether you ask, just based on anecdata of friends/colleagues who have ended up below a cutoff.
Related question: do big firms tend to pay a bonus (either full or partial) to first-year associates who miss the target by, say, 100 hours or so?

Just curious, thanks for any replies.
I billed like 1000 my first year and got a full bonus.

Anonymous User
Posts: 432497
Joined: Tue Aug 11, 2009 9:32 am

Re: Billable Target and Bonus

Post by Anonymous User » Thu Jul 25, 2019 11:32 pm

I hate to derail OP's post, but...

I am in a similar position, albeit the firm moved me from a "general" practice group to a "specialized" group. Because of that, hours have been slower. I'm still on target for about 1,850, but that's still lower than the required 2,000. Is it in inappropriate to discuss a bonus with the higher ups in this context? And if so, WTF do I do? I know what most partners in my group would say (ie, "work harder"). Hopefully that's not the answer...

EDIT: for additional context... the move was the result of mainly working with this specialized group as the years went by... not gonna disclose more than that. anyways, thanks in advance for any advice.

Get unlimited access to all forums and topics

Register now!

I'm pretty sure I told you it's FREE...


User avatar
Wild Card

Silver
Posts: 1013
Joined: Fri Jan 17, 2014 6:48 pm

Re: Billable Target and Bonus

Post by Wild Card » Fri Jul 26, 2019 12:37 am

Anonymous User wrote:
yankees12345! wrote:
beepboopbeep wrote:Do you know that you aren't getting a bonus yet? It's July. Even if you end up below, I would guess your firm would make an affirmative decision about giving you a bonus or pro-rating one regardless of whether you ask, just based on anecdata of friends/colleagues who have ended up below a cutoff.
Related question: do big firms tend to pay a bonus (either full or partial) to first-year associates who miss the target by, say, 100 hours or so?

Just curious, thanks for any replies.
I billed like 1000 my first year and got a full bonus.
180

Anonymous User
Posts: 432497
Joined: Tue Aug 11, 2009 9:32 am

Re: Billable Target and Bonus

Post by Anonymous User » Fri Jul 26, 2019 1:04 am

I billed about 900 my first year and got full bonus. But at a firm without a hours requirement.

patent_guy

New
Posts: 43
Joined: Mon Nov 05, 2018 11:44 pm

Re: Billable Target and Bonus

Post by patent_guy » Fri Jul 26, 2019 3:39 pm

Anonymous User wrote:I billed about 900 my first year and got full bonus. But at a firm without a hours requirement.
How could one go about finding a firm that lets you bill 900 hours and not only stay employed but pays you a full bonus?

Mostly kidding, but holy shit my dude you struck gold here.

User avatar
Elston Gunn

Gold
Posts: 3820
Joined: Mon Jul 18, 2011 4:09 pm

Re: Billable Target and Bonus

Post by Elston Gunn » Fri Jul 26, 2019 3:47 pm

patent_guy wrote:
Anonymous User wrote:I billed about 900 my first year and got full bonus. But at a firm without a hours requirement.
How could one go about finding a firm that lets you bill 900 hours and not only stay employed but pays you a full bonus?

Mostly kidding, but holy shit my dude you struck gold here.
I don’t think this is *that* rare for corporate first years at the NY V10 type firms. Obviously you can’t keep billing that little for long.

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!


Anonymous User
Posts: 432497
Joined: Tue Aug 11, 2009 9:32 am

Re: Billable Target and Bonus

Post by Anonymous User » Fri Jul 26, 2019 3:51 pm

Elston Gunn wrote:
patent_guy wrote:
Anonymous User wrote:I billed about 900 my first year and got full bonus. But at a firm without a hours requirement.
How could one go about finding a firm that lets you bill 900 hours and not only stay employed but pays you a full bonus?

Mostly kidding, but holy shit my dude you struck gold here.
I don’t think this is *that* rare for corporate first years at the NY V10 type firms. Obviously you can’t keep billing that little for long.
Yup. There are firms with truly no billable requirement and everyone gets a bonus. It’s just part of the comp.

My second year was a normal year. First year was just a perfect storm of slow group and them being bad at integrating first years.

Anonymous User
Posts: 432497
Joined: Tue Aug 11, 2009 9:32 am

Re: Billable Target and Bonus

Post by Anonymous User » Fri Jul 26, 2019 6:49 pm

I'm the 900 full bonus anon. I am at my v50 no bonus requirement firm's satellite office doing corporate work. My second year has been more normal--on pace for about 1,700-1,800.

Anonymous User
Posts: 432497
Joined: Tue Aug 11, 2009 9:32 am

Re: Billable Target and Bonus

Post by Anonymous User » Wed Oct 30, 2019 5:29 pm

For anyone looking for an update, I'm the anon OP. I'm ending the billable year (tomorrow) with about 1580 hours. I was called in and told the firm is paying me a full bonus because they like my work and want me to stay. Incidentally, I did not explicitly ask for a bonus - in my last meeting with the relevant partner I sort of just said I know my hours are low, I expect it was because of ramp down / up but I'm hoping that it's not a reflection of my work or something I can fix and assume this won't be the case next year. FWIW he didn't even know my hours were low.

QContinuum

Moderator
Posts: 3594
Joined: Mon Aug 07, 2017 9:52 am

Re: Billable Target and Bonus

Post by QContinuum » Wed Oct 30, 2019 6:05 pm

Anonymous User wrote:For anyone looking for an update, I'm the anon OP. I'm ending the billable year (tomorrow) with about 1580 hours. I was called in and told the firm is paying me a full bonus because they like my work and want me to stay. Incidentally, I did not explicitly ask for a bonus - in my last meeting with the relevant partner I sort of just said I know my hours are low, I expect it was because of ramp down / up but I'm hoping that it's not a reflection of my work or something I can fix and assume this won't be the case next year. FWIW he didn't even know my hours were low.
Sounds like you handled the situation very well. Kudos on the good work and on the bonus! (And thanks for updating us.)

Seriously? What are you waiting for?

Now there's a charge.
Just kidding ... it's still FREE!


Post Reply Post Anonymous Reply  

Return to “Legal Employment”