Law School Discussion Forums
https://www.top-law-schools.com/forums/
https://www.top-law-schools.com/forums/viewtopic.php?f=23&t=304027
This is wrong. 1900 hours was full market bonus (NYC).Anonymous User wrote:Theoretically you need 1800 billable hours to advance with your class but it seems like they give a pass to people with less as long as you don’t totally mail it in. I don’t know of anyone who’s missed a salary increase.
Perks are pretty standard Biglaw perks.
Bonus is below market - 2000 hours gets you 75% of Milbank/Cravath scale. 2100 hours gets you full market.
I can't speak to NYC, but Chicago is definitely on the 2000/75%, 2100/100% bonus scheme.Anonymous User wrote:Are NY and Chicago at different thresholds? I’m particularly interested about Chicago.
First anon. NYC is on a different bonus scale. Everyone else is below market under the scale mentioned aboveAnonymous User wrote:This is wrong. 1900 hours was full market bonus (NYC).Anonymous User wrote:Theoretically you need 1800 billable hours to advance with your class but it seems like they give a pass to people with less as long as you don’t totally mail it in. I don’t know of anyone who’s missed a salary increase.
Perks are pretty standard Biglaw perks.
Bonus is below market - 2000 hours gets you 75% of Milbank/Cravath scale. 2100 hours gets you full market.
OP here.Anonymous User wrote:First anon. NYC is on a different bonus scale. Everyone else is below market under the scale mentioned aboveAnonymous User wrote:This is wrong. 1900 hours was full market bonus (NYC).Anonymous User wrote:Theoretically you need 1800 billable hours to advance with your class but it seems like they give a pass to people with less as long as you don’t totally mail it in. I don’t know of anyone who’s missed a salary increase.
Perks are pretty standard Biglaw perks.
Bonus is below market - 2000 hours gets you 75% of Milbank/Cravath scale. 2100 hours gets you full market.
Maybe with respect to what some folks bill at K&E, but not really in comparison to any of the other large Chicago firms.Anonymous User wrote:OP here.Anonymous User wrote:First anon. NYC is on a different bonus scale. Everyone else is below market under the scale mentioned aboveAnonymous User wrote:This is wrong. 1900 hours was full market bonus (NYC).Anonymous User wrote:Theoretically you need 1800 billable hours to advance with your class but it seems like they give a pass to people with less as long as you don’t totally mail it in. I don’t know of anyone who’s missed a salary increase.
Perks are pretty standard Biglaw perks.
Bonus is below market - 2000 hours gets you 75% of Milbank/Cravath scale. 2100 hours gets you full market.
Thanks. That’s unfortunate re:bonus, but nice to hear that the whole class year thing isn’t a real issue.
I’ve heard that the firm is more of a “lifestyle” firm compared to the other large Chicago firms. Is that just marketing or is there any truth to that?
2000 is full market bonus. MB chooses to lower it (typically without disclosing the target until late in the year--occasionally to 1900 in NY). Policy is 2000 though. Does not get paid until February (which is irksome).Anonymous User wrote: ↑Fri Jan 10, 2020 11:32 amThis is wrong. 1900 hours was full market bonus (NYC).Anonymous User wrote:Theoretically you need 1800 billable hours to advance with your class but it seems like they give a pass to people with less as long as you don’t totally mail it in. I don’t know of anyone who’s missed a salary increase.
Perks are pretty standard Biglaw perks.
Bonus is below market - 2000 hours gets you 75% of Milbank/Cravath scale. 2100 hours gets you full market.
It's definitely not lifestyle. Only if you compare it to a v10 and even then, your hours will be pretty high.M458 wrote: ↑Sat Jan 11, 2020 12:21 pmMaybe with respect to what some folks bill at K&E, but not really in comparison to any of the other large Chicago firms.Anonymous User wrote:OP here.Anonymous User wrote:First anon. NYC is on a different bonus scale. Everyone else is below market under the scale mentioned aboveAnonymous User wrote:This is wrong. 1900 hours was full market bonus (NYC).Anonymous User wrote:Theoretically you need 1800 billable hours to advance with your class but it seems like they give a pass to people with less as long as you don’t totally mail it in. I don’t know of anyone who’s missed a salary increase.
Perks are pretty standard Biglaw perks.
Bonus is below market - 2000 hours gets you 75% of Milbank/Cravath scale. 2100 hours gets you full market.
Thanks. That’s unfortunate re:bonus, but nice to hear that the whole class year thing isn’t a real issue.
I’ve heard that the firm is more of a “lifestyle” firm compared to the other large Chicago firms. Is that just marketing or is there any truth to that?
Anonymous User wrote: ↑Mon Aug 10, 2020 3:41 pm2000 is full market bonus. MB chooses to lower it (typically without disclosing the target until late in the year--occasionally to 1900 in NY). Policy is 2000 though. Does not get paid until February (which is irksome).Anonymous User wrote: ↑Fri Jan 10, 2020 11:32 amThis is wrong. 1900 hours was full market bonus (NYC).Anonymous User wrote:Theoretically you need 1800 billable hours to advance with your class but it seems like they give a pass to people with less as long as you don’t totally mail it in. I don’t know of anyone who’s missed a salary increase.
Perks are pretty standard Biglaw perks.
Bonus is below market - 2000 hours gets you 75% of Milbank/Cravath scale. 2100 hours gets you full market.
I'm an associate there.
They’re on the milbank scale and since the last posts in this thread they’ve fixed the 75% bonus issue. It’s now market at 2000 and there are gridded out additional bonuses at 2100, 2200 and 2300. It’s not an insane amount over market bonus but it is nice to know exactly what the amount will be if you’re over on the year.Anonymous User wrote: ↑Wed Jun 08, 2022 8:54 pmAnonymous User wrote: ↑Mon Aug 10, 2020 3:41 pm2000 is full market bonus. MB chooses to lower it (typically without disclosing the target until late in the year--occasionally to 1900 in NY). Policy is 2000 though. Does not get paid until February (which is irksome).Anonymous User wrote: ↑Fri Jan 10, 2020 11:32 amThis is wrong. 1900 hours was full market bonus (NYC).Anonymous User wrote:Theoretically you need 1800 billable hours to advance with your class but it seems like they give a pass to people with less as long as you don’t totally mail it in. I don’t know of anyone who’s missed a salary increase.
Perks are pretty standard Biglaw perks.
Bonus is below market - 2000 hours gets you 75% of Milbank/Cravath scale. 2100 hours gets you full market.
I'm an associate there.
Poster above, are you still an associate there? I’m interested in the SLC office but hesitant. I don’t know what the culture is like there, how hard they enforce the 2k hours, and whether they’re on the Cravath/Milbank scale even.
Anonymous User wrote: ↑Thu Jun 09, 2022 8:09 amThey’re on the milbank scale and since the last posts in this thread they’ve fixed the 75% bonus issue. It’s now market at 2000 and there are gridded out additional bonuses at 2100, 2200 and 2300. It’s not an insane amount over market bonus but it is nice to know exactly what the amount will be if you’re over on the year.Anonymous User wrote: ↑Wed Jun 08, 2022 8:54 pmAnonymous User wrote: ↑Mon Aug 10, 2020 3:41 pm2000 is full market bonus. MB chooses to lower it (typically without disclosing the target until late in the year--occasionally to 1900 in NY). Policy is 2000 though. Does not get paid until February (which is irksome).Anonymous User wrote: ↑Fri Jan 10, 2020 11:32 amThis is wrong. 1900 hours was full market bonus (NYC).Anonymous User wrote:Theoretically you need 1800 billable hours to advance with your class but it seems like they give a pass to people with less as long as you don’t totally mail it in. I don’t know of anyone who’s missed a salary increase.
Perks are pretty standard Biglaw perks.
Bonus is below market - 2000 hours gets you 75% of Milbank/Cravath scale. 2100 hours gets you full market.
I'm an associate there.
Poster above, are you still an associate there? I’m interested in the SLC office but hesitant. I don’t know what the culture is like there, how hard they enforce the 2k hours, and whether they’re on the Cravath/Milbank scale even.
Anon before me is right re: expectations just being that you hit the 2000 (and like previous anons I don’t know anyone who was ever dinged a class year, and I know a lot of people who were under hours their first year). It did take some effort to move the firm to market in some respects but there has been leadership change since that was pushed through and it does seem like the new guard is particularly interested in recruiting and retaining talented associates so I expect it shows an upward trajectory that will continue in other respects too.
It’s a little bizarre that your recruiter is straight up wrong. AtL has the bonus memo.Anonymous User wrote: ↑Mon Jun 27, 2022 3:54 pmAnonymous User wrote: ↑Thu Jun 09, 2022 8:09 amThey’re on the milbank scale and since the last posts in this thread they’ve fixed the 75% bonus issue. It’s now market at 2000 and there are gridded out additional bonuses at 2100, 2200 and 2300. It’s not an insane amount over market bonus but it is nice to know exactly what the amount will be if you’re over on the year.Anonymous User wrote: ↑Wed Jun 08, 2022 8:54 pmAnonymous User wrote: ↑Mon Aug 10, 2020 3:41 pm2000 is full market bonus. MB chooses to lower it (typically without disclosing the target until late in the year--occasionally to 1900 in NY). Policy is 2000 though. Does not get paid until February (which is irksome).Anonymous User wrote: ↑Fri Jan 10, 2020 11:32 amThis is wrong. 1900 hours was full market bonus (NYC).Anonymous User wrote:Theoretically you need 1800 billable hours to advance with your class but it seems like they give a pass to people with less as long as you don’t totally mail it in. I don’t know of anyone who’s missed a salary increase.
Perks are pretty standard Biglaw perks.
Bonus is below market - 2000 hours gets you 75% of Milbank/Cravath scale. 2100 hours gets you full market.
I'm an associate there.
Poster above, are you still an associate there? I’m interested in the SLC office but hesitant. I don’t know what the culture is like there, how hard they enforce the 2k hours, and whether they’re on the Cravath/Milbank scale even.
Anon before me is right re: expectations just being that you hit the 2000 (and like previous anons I don’t know anyone who was ever dinged a class year, and I know a lot of people who were under hours their first year). It did take some effort to move the firm to market in some respects but there has been leadership change since that was pushed through and it does seem like the new guard is particularly interested in recruiting and retaining talented associates so I expect it shows an upward trajectory that will continue in other respects too.
Are you the poster who is currently an associate at Mayer Brown and posted above?
Wondering if you could PM me. I’m hearing from recruiter that MB is not full market bonus and that for 2016 class year, last year it was only $80k not $90k for 2000 hours.
Ya, I referenced that memo and was told it's wrong so I wanted to get confirmation from a current associate before I push back on them. I'm quite perplexed by the response myself.Anonymous User wrote: ↑Tue Jun 28, 2022 10:21 amIt’s a little bizarre that your recruiter is straight up wrong. AtL has the bonus memo.Anonymous User wrote: ↑Mon Jun 27, 2022 3:54 pmAnonymous User wrote: ↑Thu Jun 09, 2022 8:09 amThey’re on the milbank scale and since the last posts in this thread they’ve fixed the 75% bonus issue. It’s now market at 2000 and there are gridded out additional bonuses at 2100, 2200 and 2300. It’s not an insane amount over market bonus but it is nice to know exactly what the amount will be if you’re over on the year.Anonymous User wrote: ↑Wed Jun 08, 2022 8:54 pmAnonymous User wrote: ↑Mon Aug 10, 2020 3:41 pm2000 is full market bonus. MB chooses to lower it (typically without disclosing the target until late in the year--occasionally to 1900 in NY). Policy is 2000 though. Does not get paid until February (which is irksome).Anonymous User wrote: ↑Fri Jan 10, 2020 11:32 amThis is wrong. 1900 hours was full market bonus (NYC).Anonymous User wrote:Theoretically you need 1800 billable hours to advance with your class but it seems like they give a pass to people with less as long as you don’t totally mail it in. I don’t know of anyone who’s missed a salary increase.
Perks are pretty standard Biglaw perks.
Bonus is below market - 2000 hours gets you 75% of Milbank/Cravath scale. 2100 hours gets you full market.
I'm an associate there.
Poster above, are you still an associate there? I’m interested in the SLC office but hesitant. I don’t know what the culture is like there, how hard they enforce the 2k hours, and whether they’re on the Cravath/Milbank scale even.
Anon before me is right re: expectations just being that you hit the 2000 (and like previous anons I don’t know anyone who was ever dinged a class year, and I know a lot of people who were under hours their first year). It did take some effort to move the firm to market in some respects but there has been leadership change since that was pushed through and it does seem like the new guard is particularly interested in recruiting and retaining talented associates so I expect it shows an upward trajectory that will continue in other respects too.
Are you the poster who is currently an associate at Mayer Brown and posted above?
Wondering if you could PM me. I’m hearing from recruiter that MB is not full market bonus and that for 2016 class year, last year it was only $80k not $90k for 2000 hours.
https://abovethelaw.com/2021/12/mayer-brown-bonus/
Maybe the age of this thread is causing confusion but MB has paid market or above market bonuses since moving to the market bonus scale in 2020 so long as you bill 2k hours.
Anonymous User wrote: ↑Tue Jun 28, 2022 4:03 pmRe perks, as a recent lateral, the insurance at Mayer is insanely good. Not even by Biglaw standards, just generally. Compared to what I had at my V10 my deductible is thousands lower and the copays lower across the board, by a good amount. Dental and vision are more run of the mill, though the better dental plan is good as far as dental goes. If you’re someone that never goes to the doctor this won’t matter, but as someone that has to stay on top of their health, this insurance will save me thousands of real dollars.
Anonymous User wrote: ↑Tue Jun 28, 2022 12:50 pm2016 at MB and can confirm we got the full bonus at 2000 hours.
Yes this was part of my package. I came from a V10 and negotiated a guaranteed year end market bonus as well as an above market signing bonus for my class year. I’ve read about some mixed experiences here from others negotiating with Mayer but I had no issue negotiating with them. They came in with by far the strongest signing bonus offer and were happy to guarantee my year end bonus and up my signing bonus after I asked through my recruiter (no negotiating or jerking me around). Only caveat is that I got a couple firms to match their initial bonus offer before asking, so I did have some ammo in my pocket.Anonymous User wrote: ↑Tue Jun 28, 2022 6:30 pmAnonymous User wrote: ↑Tue Jun 28, 2022 4:03 pmRe perks, as a recent lateral, the insurance at Mayer is insanely good. Not even by Biglaw standards, just generally. Compared to what I had at my V10 my deductible is thousands lower and the copays lower across the board, by a good amount. Dental and vision are more run of the mill, though the better dental plan is good as far as dental goes. If you’re someone that never goes to the doctor this won’t matter, but as someone that has to stay on top of their health, this insurance will save me thousands of real dollars.
That’s awesome to hear. How was your offer/negotiation process with the firm? Did you feel like it was fair?
Also interested in question from the poster above regarding end of year bonus. I thought that a guaranteed full bonus was a normal ask in Big Law, so not sure why Mayer Brown would be any different.
Anonymous User wrote: ↑Tue Jun 28, 2022 6:47 pmYes this was part of my package. I came from a V10 and negotiated a guaranteed year end market bonus as well as an above market signing bonus for my class year. I’ve read about some mixed experiences here from others negotiating with Mayer but I had no issue negotiating with them. They came in with by far the strongest signing bonus offer and were happy to guarantee my year end bonus and up my signing bonus after I asked through my recruiter (no negotiating or jerking me around). Only caveat is that I got a couple firms to match their initial bonus offer before asking, so I did have some ammo in my pocket.Anonymous User wrote: ↑Tue Jun 28, 2022 6:30 pmAnonymous User wrote: ↑Tue Jun 28, 2022 4:03 pmRe perks, as a recent lateral, the insurance at Mayer is insanely good. Not even by Biglaw standards, just generally. Compared to what I had at my V10 my deductible is thousands lower and the copays lower across the board, by a good amount. Dental and vision are more run of the mill, though the better dental plan is good as far as dental goes. If you’re someone that never goes to the doctor this won’t matter, but as someone that has to stay on top of their health, this insurance will save me thousands of real dollars.
That’s awesome to hear. How was your offer/negotiation process with the firm? Did you feel like it was fair?
Also interested in question from the poster above regarding end of year bonus. I thought that a guaranteed full bonus was a normal ask in Big Law, so not sure why Mayer Brown would be any different.
Fwiw Mayer was not my top choice among the 4-6 offers I ended up with, but I ended up picking them after how well they recruited me - admittedly, I am likely biased from this positive experience.
Yes, I am!Anonymous User wrote: ↑Tue Jun 28, 2022 6:42 pmAnonymous User wrote: ↑Tue Jun 28, 2022 12:50 pm2016 at MB and can confirm we got the full bonus at 2000 hours.
Thanks for confirming! Are you in a non-NY office?