Hunton Andrews Kurth NYC Salary? Forum
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Hunton Andrews Kurth NYC Salary?
Anyone have any idea what Hunton pays after the 1st year of 190,000 in NYC? Thinking about a possible lateral over, but want to know what the pay structure is after 1st year and what bonuses are like?
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Re: Hunton Andrews Kurth NYC Salary?
if they're thinking about making you an offer, can't you ask?fearandtremblingg wrote:Anyone have any idea what Hunton pays after the 1st year of 190,000 in NYC? Thinking about a possible lateral over, but want to know what the pay structure is after 1st year and what bonuses are like?
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Re: Hunton Andrews Kurth NYC Salary?
Not sure if still helpful. Worked there before; think it's a black box case by case system.
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- Posts: 431721
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Re: Hunton Andrews Kurth NYC Salary?
I worked at Hunton before the merger with Andrews Kurth so my information may be out of date. That said--
- Hunton purported to give raises on the lockstep scale but they would often deny raises (not just bonuses) to associates who failed to bill 2000 hours. And only 25 or 50 (can't remember) could be pro bono.
- To get a bonus you would need to bill at least 2100 hours; billing 2025 hours or whatever would not suffice. Bonuses were below market even if you billed substantially more than 2100.
- In 2015 Hunton adopted a new policy of denying raises to more senior associates (starting at the 5th or 6th year IIRC) who did not hit certain revenue targets. The targets were difficult to reach because associates have no control over write-offs and hourly rates, e.g. if you were a 5th-year and billed 500 hours to a client who had negotiated a rate of $195/hour (this is a real example, negotiated rates could get that low) you'd be out of luck. Once associates were denied a raise under this system they'd be moved permanently to black box compensation.
- When first year salaries went to 180k in 2016 Hunton matched first-year salaries but would not commit to lockstep raises for everyone. I left shortly before then so I don't know how things worked in practice.
- Hunton purported to give raises on the lockstep scale but they would often deny raises (not just bonuses) to associates who failed to bill 2000 hours. And only 25 or 50 (can't remember) could be pro bono.
- To get a bonus you would need to bill at least 2100 hours; billing 2025 hours or whatever would not suffice. Bonuses were below market even if you billed substantially more than 2100.
- In 2015 Hunton adopted a new policy of denying raises to more senior associates (starting at the 5th or 6th year IIRC) who did not hit certain revenue targets. The targets were difficult to reach because associates have no control over write-offs and hourly rates, e.g. if you were a 5th-year and billed 500 hours to a client who had negotiated a rate of $195/hour (this is a real example, negotiated rates could get that low) you'd be out of luck. Once associates were denied a raise under this system they'd be moved permanently to black box compensation.
- When first year salaries went to 180k in 2016 Hunton matched first-year salaries but would not commit to lockstep raises for everyone. I left shortly before then so I don't know how things worked in practice.
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