Fall bonuses Forum

[spyke123]

So.... where is skadden and cravath and the rest of v100? Is this finally the tipping point where we will see variation in compensation (even among top firms)?

[malibustacy]

So.... where is skadden and cravath and the rest of v100? Is this finally the tipping point where we will see variation in compensation (even among top firms)?

So much for V1 and V2. Kick them and K&E out of the V10.

[JusticeSquee]

So.... where is skadden and cravath and the rest of v100? Is this finally the tipping point where we will see variation in compensation (even among top firms)?

So much for V1 and V2. Kick them and K&E out of the V10.

Honestly, Milbank has been far more of a compensation leader in this decade than any of the V10, they are the true MVPs.

[Anonymous User]

So.... where is skadden and cravath and the rest of v100? Is this finally the tipping point where we will see variation in compensation (even among top firms)?

So much for V1 and V2. Kick them and K&E out of the V10.

Honestly, Milbank has been far more of a compensation leader in this decade than any of the V10, they are the true MVPs.

As someone who works at Milbank, I’m curious if anyone has any insight as to why of all firms outside the V5 are we such a big compensation leader? Conversely, why are we only V25? Maybe I’m biased, but I feel like we should be in the V10-15 range. I don’t see any reason why Milbank isn’t as good or better as V12 Weil for example

[TigerIsBack]

So.... where is skadden and cravath and the rest of v100? Is this finally the tipping point where we will see variation in compensation (even among top firms)?

So much for V1 and V2. Kick them and K&E out of the V10.

Honestly, Milbank has been far more of a compensation leader in this decade than any of the V10, they are the true MVPs.

As someone who works at Milbank, I’m curious if anyone has any insight as to why of all firms outside the V5 are we such a big compensation leader? Conversely, why are we only V25? Maybe I’m biased, but I feel like we should be in the V10-15 range. I don’t see any reason why Milbank isn’t as good or better as V12 Weil for example

I mean, yeah, I wholeheartedly agree. I only usually rank my own firm highly in surveys so that hopefully we move up for my vanity, and then I generally rank like Milbank and Wachtell highly strictly based on compensation. Everyone else I basically don't rank at all (or poorly if I've had a bad interaction/experience with that firm).

I think Milbank should be v10.

Also, do firms not realize how much time is wasted on this site during the 2-3 week period between the first announcement and when my firm inevitably matches? They'd be more profitable if they just matched quickly because I stop following this stuff immediately after my firm shows up to play.

[nahumya]

Also, do firms not realize how much time is wasted on this site during the 2-3 week period between the first announcement and when my firm inevitably matches? They'd be more profitable if they just matched quickly because I stop following this stuff immediately after my firm shows up to play.

Thousands, maybe millions, of dollars in lost productivity.

[spyke123]

Are you (or anyone else) sure we will continue to see matches? I guess nobody knows but i feel like we typically would have seen most if not all v25/30s match by now.

[Anonymous User]

So.... where is skadden and cravath and the rest of v100? Is this finally the tipping point where we will see variation in compensation (even among top firms)?

So much for V1 and V2. Kick them and K&E out of the V10.

Honestly, Milbank has been far more of a compensation leader in this decade than any of the V10, they are the true MVPs.

As someone who works at Milbank, I’m curious if anyone has any insight as to why of all firms outside the V5 are we such a big compensation leader? Conversely, why are we only V25? Maybe I’m biased, but I feel like we should be in the V10-15 range. I don’t see any reason why Milbank isn’t as good or better as V12 Weil for example

I mean, yeah, I wholeheartedly agree. I only usually rank my own firm highly in surveys so that hopefully we move up for my vanity, and then I generally rank like Milbank and Wachtell highly strictly based on compensation. Everyone else I basically don't rank at all (or poorly if I've had a bad interaction/experience with that firm).

I think Milbank should be v10.

Also, do firms not realize how much time is wasted on this site during the 2-3 week period between the first announcement and when my firm inevitably matches? They'd be more profitable if they just matched quickly because I stop following this stuff immediately after my firm shows up to play.

You don't rank firms. You give each firm a prestige score. You can't rate your own firm. If you haven't filled out any Vault survey previously, you obviously don't know how this works. If you are stub year that hasn't started working yet and have not filled out any Vault survey in the past, you wouldn't know.

The Vault national rankings, as everyone knows, doesn't reflect New York associates' perception of prestige. Nobody seriously thinks Cravath and Skadden are more prestigious than Wachtell. The New York regional one is much more accurate, and if anyone wants to know how NY firms stack up in terms of prestige, I would refer him/her to the Vault NY rankings.

[Anonymous User]

So.... where is skadden and cravath and the rest of v100? Is this finally the tipping point where we will see variation in compensation (even among top firms)?

So much for V1 and V2. Kick them and K&E out of the V10.

Honestly, Milbank has been far more of a compensation leader in this decade than any of the V10, they are the true MVPs.

As someone who works at Milbank, I’m curious if anyone has any insight as to why of all firms outside the V5 are we such a big compensation leader? Conversely, why are we only V25? Maybe I’m biased, but I feel like we should be in the V10-15 range. I don’t see any reason why Milbank isn’t as good or better as V12 Weil for example

Vault reflects associates' (mostly juniors since midlevels and seniors don't have the time. I myself didn't fill one out this year either) view of firms. Being a compensation leader has little value as long as everyone matches unless your firm was really the first firm to come up with a new scale. I recall when Milbank came up with the new salary scale some years ago, their Vault rankings jumped up substantially. What really affects these Vault rankings is junior associates' memory from their OCI periods. They have little basis to give any meaningful rating to a firm (even firms in their market) based on the firm's quality. They rate firms based on their recollection of the calibre of students that ended up working at those firms. For example, a in filling out a Vault survey, a junior associate gives a score of 9 to a particular firm because he recalls that some of his smartest and most hardworking friends went to that firm.

[Anonymous User]

Also, do firms not realize how much time is wasted on this site during the 2-3 week period between the first announcement and when my firm inevitably matches? They'd be more profitable if they just matched quickly because I stop following this stuff immediately after my firm shows up to play.

Thousands, maybe millions, of dollars in lost productivity.

Agreed. I’ve definitely been checking this site far more often than I’d like to admit to anyone I work with. Also, with each passing day, my morale and hope decrease. Just match already.

[malibustacy]

Also, do firms not realize how much time is wasted on this site during the 2-3 week period between the first announcement and when my firm inevitably matches? They'd be more profitable if they just matched quickly because I stop following this stuff immediately after my firm shows up to play.

Thousands, maybe millions, of dollars in lost productivity.

Agreed. I’ve definitely been checking this site far more often than I’d like to admit to anyone I work with. Also, with each passing day, my morale and hope decrease. Just match already.

Because everyone is bothering to stop their timers every time they take a look at TLS right guys?

[DoveBodyWash]

Still, there are many ways to show appreciation for associates: enhanced professional development, coaching, mentoring and training; interesting work and “stretch” assignments; more flexibility; internal leadership opportunities; and recognition internally and externally, to name a few.

Green agrees, adding that transparency, if possible, also goes a long way in quelling the pandemic-induced uncertainty that is at the heart of much of the anxiety.

He suggests, “In a memo say, ‘listen, we understand that throwing money at individuals in the form of bonuses is a tradition in our industry as a way of showing appreciation and easing pain in difficult times. We’re not in a position to do that, but what we’ve decided to do is provide this innovative programming and innovative responses that we believe are very unique.’”

https://www.law.com/2020/09/25/how-can- ... y-at-them/

lol "instead of paying them, do the things you should be doing anyway"

[TigerIsBack]

So.... where is skadden and cravath and the rest of v100? Is this finally the tipping point where we will see variation in compensation (even among top firms)?

So much for V1 and V2. Kick them and K&E out of the V10.

Honestly, Milbank has been far more of a compensation leader in this decade than any of the V10, they are the true MVPs.

As someone who works at Milbank, I’m curious if anyone has any insight as to why of all firms outside the V5 are we such a big compensation leader? Conversely, why are we only V25? Maybe I’m biased, but I feel like we should be in the V10-15 range. I don’t see any reason why Milbank isn’t as good or better as V12 Weil for example

I mean, yeah, I wholeheartedly agree. I only usually rank my own firm highly in surveys so that hopefully we move up for my vanity, and then I generally rank like Milbank and Wachtell highly strictly based on compensation. Everyone else I basically don't rank at all (or poorly if I've had a bad interaction/experience with that firm).

I think Milbank should be v10.

Also, do firms not realize how much time is wasted on this site during the 2-3 week period between the first announcement and when my firm inevitably matches? They'd be more profitable if they just matched quickly because I stop following this stuff immediately after my firm shows up to play.

You don't rank firms. You give each firm a prestige score. You can't rate your own firm. If you haven't filled out any Vault survey previously, you obviously don't know how this works. If you are stub year that hasn't started working yet and have not filled out any Vault survey in the past, you wouldn't know.

The Vault national rankings, as everyone knows, doesn't reflect New York associates' perception of prestige. Nobody seriously thinks Cravath and Skadden are more prestigious than Wachtell. The New York regional one is much more accurate, and if anyone wants to know how NY firms stack up in terms of prestige, I would refer him/her to the Vault NY rankings.

Yeah I guess admittedly I don't follow that closely, but I thought you could rate your own firm (maybe I'm just misremembering that). Sorry I don't remember how the surveys work, but I'm a midlevel so I've done a few of these. Sorry my memory offended your survey.

[Anonymous User]

So.... where is skadden and cravath and the rest of v100? Is this finally the tipping point where we will see variation in compensation (even among top firms)?

So much for V1 and V2. Kick them and K&E out of the V10.

Honestly, Milbank has been far more of a compensation leader in this decade than any of the V10, they are the true MVPs.

As someone who works at Milbank, I’m curious if anyone has any insight as to why of all firms outside the V5 are we such a big compensation leader? Conversely, why are we only V25? Maybe I’m biased, but I feel like we should be in the V10-15 range. I don’t see any reason why Milbank isn’t as good or better as V12 Weil for example

I mean, yeah, I wholeheartedly agree. I only usually rank my own firm highly in surveys so that hopefully we move up for my vanity, and then I generally rank like Milbank and Wachtell highly strictly based on compensation. Everyone else I basically don't rank at all (or poorly if I've had a bad interaction/experience with that firm).

I think Milbank should be v10.

Also, do firms not realize how much time is wasted on this site during the 2-3 week period between the first announcement and when my firm inevitably matches? They'd be more profitable if they just matched quickly because I stop following this stuff immediately after my firm shows up to play.

You don't rank firms. You give each firm a prestige score. You can't rate your own firm. If you haven't filled out any Vault survey previously, you obviously don't know how this works. If you are stub year that hasn't started working yet and have not filled out any Vault survey in the past, you wouldn't know.

The Vault national rankings, as everyone knows, doesn't reflect New York associates' perception of prestige. Nobody seriously thinks Cravath and Skadden are more prestigious than Wachtell. The New York regional one is much more accurate, and if anyone wants to know how NY firms stack up in terms of prestige, I would refer him/her to the Vault NY rankings.

Yeah I guess admittedly I don't follow that closely, but I thought you could rate your own firm (maybe I'm just misremembering that). Sorry I don't remember how the surveys work, but I'm a midlevel so I've done a few of these. Sorry my memory offended your survey.

I'm the anon you quoted. No, you didn't "offend" that survey. I just don't like it when people act like they know what they are talking about when in fact they don't. I can't stand false information. The Vault survey overall is bullshit, and as a midlevel, I no longer fill it out, but it's not that absurd as you portrayed. If you can rate your own firm, that survey would be devoid of any value. To the extent the survey has any value, the regional rankings do a good job of giving law students a picture of how firms stack up in terms of prestige. The intended audience of these rankings is law students, not lawyers.

[Anonymous User]

Still, there are many ways to show appreciation for associates: enhanced professional development, coaching, mentoring and training; interesting work and “stretch” assignments; more flexibility; internal leadership opportunities; and recognition internally and externally, to name a few.

Green agrees, adding that transparency, if possible, also goes a long way in quelling the pandemic-induced uncertainty that is at the heart of much of the anxiety.

He suggests, “In a memo say, ‘listen, we understand that throwing money at individuals in the form of bonuses is a tradition in our industry as a way of showing appreciation and easing pain in difficult times. We’re not in a position to do that, but what we’ve decided to do is provide this innovative programming and innovative responses that we believe are very unique.’”

https://www.law.com/2020/09/25/how-can- ... y-at-them/

lol "instead of paying them, do the things you should be doing anyway"

Imagine seeing a memo from your firm stating "we're not in a position to match market bonuses" while PEP remains above [2][3][4][5]mm. Time for anyone busy at all to bust out the ol' resume.

[TigerIsBack]

So much for V1 and V2. Kick them and K&E out of the V10.

Honestly, Milbank has been far more of a compensation leader in this decade than any of the V10, they are the true MVPs.

As someone who works at Milbank, I’m curious if anyone has any insight as to why of all firms outside the V5 are we such a big compensation leader? Conversely, why are we only V25? Maybe I’m biased, but I feel like we should be in the V10-15 range. I don’t see any reason why Milbank isn’t as good or better as V12 Weil for example

I mean, yeah, I wholeheartedly agree. I only usually rank my own firm highly in surveys so that hopefully we move up for my vanity, and then I generally rank like Milbank and Wachtell highly strictly based on compensation. Everyone else I basically don't rank at all (or poorly if I've had a bad interaction/experience with that firm).

I think Milbank should be v10.

Also, do firms not realize how much time is wasted on this site during the 2-3 week period between the first announcement and when my firm inevitably matches? They'd be more profitable if they just matched quickly because I stop following this stuff immediately after my firm shows up to play.

You don't rank firms. You give each firm a prestige score. You can't rate your own firm. If you haven't filled out any Vault survey previously, you obviously don't know how this works. If you are stub year that hasn't started working yet and have not filled out any Vault survey in the past, you wouldn't know.

The Vault national rankings, as everyone knows, doesn't reflect New York associates' perception of prestige. Nobody seriously thinks Cravath and Skadden are more prestigious than Wachtell. The New York regional one is much more accurate, and if anyone wants to know how NY firms stack up in terms of prestige, I would refer him/her to the Vault NY rankings.

Yeah I guess admittedly I don't follow that closely, but I thought you could rate your own firm (maybe I'm just misremembering that). Sorry I don't remember how the surveys work, but I'm a midlevel so I've done a few of these. Sorry my memory offended your survey.

I'm the anon you quoted. No, you didn't "offend" that survey. I just don't like it when people act like they know what they are talking about when in fact they don't. I can't stand false information. The Vault survey overall is bullshit, and as a midlevel, I no longer fill it out, but it's not that absurd as you portrayed. If you can rate your own firm, that survey would be devoid of any value. To the extent the survey has any value, the regional rankings do a good job of giving law students a picture of how firms stack up in terms of prestige. The intended audience of these rankings is law students, not lawyers.

Yeah I still don't understand how it could have any value (which probably most people I guess agree on for the overall rankings), because I know I only rank like a handful of firms at most and get bored quickly. But there's so many firms on there, so I just don't know how they're all getting ranked enough to have any valuable data. But whatever, I continue to fill them out because I think our firm enters you in a drawing for something like an amex gift card if you complete it.

[Ultramar vistas]

I challenge any non-sociopath to read the last few pages and come to any conclusion other than that the whole industry deserves to be consumed in a meteorite related disaster.

[Anonymous User]

I challenge any non-sociopath to read the last few pages and come to any conclusion other than that the whole industry deserves to be consumed in a meteorite related disaster.

On point. The sad thing is that the same loserish gunner mentality that warped people's brains in law school is still taking hold years later, and these are the same people who become partner at their firms. I haven't been on this forum since law school and just checked in to check the bonus news, and this place is a nightmare.

[SGTslaughter]

So.... where is skadden and cravath and the rest of v100? Is this finally the tipping point where we will see variation in compensation (even among top firms)?

So much for V1 and V2. Kick them and K&E out of the V10.

Honestly, Milbank has been far more of a compensation leader in this decade than any of the V10, they are the true MVPs.

As someone who works at Milbank, I’m curious if anyone has any insight as to why of all firms outside the V5 are we such a big compensation leader? Conversely, why are we only V25? Maybe I’m biased, but I feel like we should be in the V10-15 range. I don’t see any reason why Milbank isn’t as good or better as V12 Weil for example

The comp leader part is probably because you guys only have 3 offices in the US. Milbank is a pretty small firm compared to other places, so a raise/bonus costs it relatively less.

As far as why you're not more prestigious, probably because you guys make whiny posts like this on TLS? But in seriousness, comp isn't all that goes into it. Otherwise Gunderson and Cahill Gordon would be way higher ranked. Vault surveys are generally a proxy for how strong a firm's M&A practice is and Milbank's is good but not as great as those of higher ranked firms.

[Anonymous User]

I challenge any non-sociopath to read the last few pages and come to any conclusion other than that the whole industry deserves to be consumed in a meteorite related disaster.

On point. The sad thing is that the same loserish gunner mentality that warped people's brains in law school is still taking hold years later, and these are the same people who become partner at their firms. I haven't been on this forum since law school and just checked in to check the bonus news, and this place is a nightmare.

I don't know about everyone else but the nightmare is what I'm here for.
https://tenor.com/view/popcorn-colbert-gif-8001346

[Anonymous User]

Honestly, Milbank has been far more of a compensation leader in this decade than any of the V10, they are the true MVPs.

As someone who works at Milbank, I’m curious if anyone has any insight as to why of all firms outside the V5 are we such a big compensation leader? Conversely, why are we only V25? Maybe I’m biased, but I feel like we should be in the V10-15 range. I don’t see any reason why Milbank isn’t as good or better as V12 Weil for example

I mean, yeah, I wholeheartedly agree. I only usually rank my own firm highly in surveys so that hopefully we move up for my vanity, and then I generally rank like Milbank and Wachtell highly strictly based on compensation. Everyone else I basically don't rank at all (or poorly if I've had a bad interaction/experience with that firm).

I think Milbank should be v10.

Also, do firms not realize how much time is wasted on this site during the 2-3 week period between the first announcement and when my firm inevitably matches? They'd be more profitable if they just matched quickly because I stop following this stuff immediately after my firm shows up to play.

You don't rank firms. You give each firm a prestige score. You can't rate your own firm. If you haven't filled out any Vault survey previously, you obviously don't know how this works. If you are stub year that hasn't started working yet and have not filled out any Vault survey in the past, you wouldn't know.

The Vault national rankings, as everyone knows, doesn't reflect New York associates' perception of prestige. Nobody seriously thinks Cravath and Skadden are more prestigious than Wachtell. The New York regional one is much more accurate, and if anyone wants to know how NY firms stack up in terms of prestige, I would refer him/her to the Vault NY rankings.

Yeah I guess admittedly I don't follow that closely, but I thought you could rate your own firm (maybe I'm just misremembering that). Sorry I don't remember how the surveys work, but I'm a midlevel so I've done a few of these. Sorry my memory offended your survey.

I'm the anon you quoted. No, you didn't "offend" that survey. I just don't like it when people act like they know what they are talking about when in fact they don't. I can't stand false information. The Vault survey overall is bullshit, and as a midlevel, I no longer fill it out, but it's not that absurd as you portrayed. If you can rate your own firm, that survey would be devoid of any value. To the extent the survey has any value, the regional rankings do a good job of giving law students a picture of how firms stack up in terms of prestige. The intended audience of these rankings is law students, not lawyers.

Yeah I still don't understand how it could have any value (which probably most people I guess agree on for the overall rankings), because I know I only rank like a handful of firms at most and get bored quickly. But there's so many firms on there, so I just don't know how they're all getting ranked enough to have any valuable data. But whatever, I continue to fill them out because I think our firm enters you in a drawing for something like an amex gift card if you complete it.

I'm that quoted anon again. The rankings have value because law students place much weight on them, not because the rankings are accurate. The students know virtually nothing about the firms, and they can't meaningfully compare firms based on the marketing garbage the partners and associates they meet during OCI tell them. Vault rankings, together with other rankings like Chambers & Partners, is one tool they use to gather information about firms. I don't think the rankings are a good tool, but the students inevitably look at them and they, regardless of what we tell them, place undue weight on those rankings. That's why they matter.

Yeah I agree that we only know some firms and get bored as we are filling out the survey. I recall from certain point as I was doing the national part, I got so bored and started to regret why I even bothered so much so that I started to give random points to all the firms that remained in the last two pages of that section. Then the survey directed me to a list consisting only of New York firms. There I did know something about almost all firms and could more or less give somewhat meaningful ratings. The next section was practice area specific and for each practice area, I had to pick five(?) firms that I believed were the best for that area. I could be accurate in that section as well. So you can see why the region-specific rankings and the practice area specific rankings do reflect reality somewhat whereas the national rankings are almost completely inaccurate.

[Anonymous User]

So.... where is skadden and cravath and the rest of v100? Is this finally the tipping point where we will see variation in compensation (even among top firms)?

So much for V1 and V2. Kick them and K&E out of the V10.

Honestly, Milbank has been far more of a compensation leader in this decade than any of the V10, they are the true MVPs.

As someone who works at Milbank, I’m curious if anyone has any insight as to why of all firms outside the V5 are we such a big compensation leader? Conversely, why are we only V25? Maybe I’m biased, but I feel like we should be in the V10-15 range. I don’t see any reason why Milbank isn’t as good or better as V12 Weil for example

The comp leader part is probably because you guys only have 3 offices in the US. Milbank is a pretty small firm compared to other places, so a raise/bonus costs it relatively less.

As far as why you're not more prestigious, probably because you guys make whiny posts like this on TLS? But in seriousness, comp isn't all that goes into it. Otherwise Gunderson and Cahill Gordon would be way higher ranked. Vault surveys are generally a proxy for how strong a firm's M&A practice is and Milbank's is good but not as great as those of higher ranked firms.

Lol I asked a simple question and you call me whiny? You seem pleasant. I’ll give you a pass because you’re probably at a firm that has given no fall bonuses and still has salary cuts. Carry on!

[Vexed]

So you all are complaining about the rubric for completely unexpected, huge, *extra* bonus (which will precede a standard, seniority-based bonus in 2 months) during a global pandemic and recession? Charming.

what's charming is you seeing a kickback of an extra 20k out of the 1.5+ mil of the billables you're expected to produce as a "huge, *extra*" bonus."

[cornerstone]

I'm bored of hearing about what the Weil/KE announcements mean to you. Let's talk facts. Here's a table summarizing '18 and '20 bonus announcement timing and other relevant metrics for the V50 plus a few others that seem to play into the matching game. Firms that have matched/announced are bolded

Discuss and update as needed.

Vault Ranking - Firm - 2018 Days from Milbank - 2020 Days from DPW - PPEP (mil) - RPL (mil) - Leverage - PPEP / Leverage (mil; i.e., profits per non-partner or the pool each bonus is paid from)
1 - Cravath - 7 - ? - $4.41 - $1.52 - 5.19 - $0.85
2 - Skadden - 10 - ? - $3.92 - $1.55 - 4.07 - $0.96
3 - WLRP - ? - ? - $6.33 - $3.33 - 2.12 - $2.99
4 - SC - 9 - 6 - $4.65 - $1.81 - 3.93 - $1.18
5 - LW - 18 - ? - $3.78 - $1.39 - 4.29 - $0.88
6 - KE - 10 - TBD - $5.20 - $1.60 - 4.77 - $1.09
7 - DPW - 10 - 0 - $4.51 - $1.48 - 5.08 - $0.89
8 - STB - 2 - 7 - $4.42 - $1.63 - 4.2 - $1.05
9 - Gibson - 18 - ? - $3.78 - $1.49 - 3.15 - $1.20
10 - Paul Weiss - 9 - ? - $4.70 - $1.36 - 5.66 - $0.83
11 - Sidley - 11 - ? - $2.82 - $1.22 - 5.14 - $0.55
12 - Weil - 10 - 9 - $4.03 - $1.35 - 5.7 - $0.71
13 - Quinn - 9 - ? - $4.56 - $1.51 - 4.27 - $1.07
14 - Cleary - 10 - ? - $3.07 - $1.00 - 5.68 - $0.54
15 - Covington - 21 - ? - $1.80 - $1.07 - 2.6 - $0.69
16 - Jones Day - 2 - ? - $1.12 - $0.83 - 1.77 - $0.63
17 - White & Case - 14 - ? - $2.60 - $0.99 - 5.64 - $0.46
18 - Debevois - 8 - ? - $3.72 - $1.48 - 4.16 - $0.89
19 - Ropes - 11 - ? - $2.82 - $1.53 - 3.86 - $0.73
20 - Williams & Connolly - ? - ? - $1.45 - $1.13 - 1.98 - $0.73
21 - Wilmer - 28 - ? - $2.31 - $1.40 - 2.46 - $0.94
22 - Paul Hastings - 23 - ? - $3.42 - $1.33 - 4.13 - $0.83
23 - MoFo - 22 - ? - $2.05 - $1.14 - 4.55 - $0.45
24 - Cooley - 14 - -1 - $2.54 - $1.32 - 3.43 - $0.74
25 - Milbank - 0 - 1 - $3.87 - $1.40 - 3.83 - $1.01
26 - O'Melveny - 21 - ? - $2.32 - $1.25 - 2.9 - $0.80
27 - Hogan - 18 - ? - $1.51 - $0.85 - 3.93 - $0.38
28 - Proskauer - 1 - ? - $2.75 - $1.35 - 3.4 - $0.81
29 - BSF - ? - ? - $3.37 - $1.35 - 4.77 - $0.71
30 - Goodwin - 11 - ? - $2.61 - $1.22 - 3.75 - $0.70
31 - Akin - 17 - ? - $2.60 - $1.25 - 4.1 - $0.63
32 - A&P - 32 - ? - $1.21 - $1.04 - 2.01 - $0.60
33 - Baker McKenzie - 16 - ? - $1.47 - $0.61 - 6.03 - $0.24
34 - Orrick - 17 - ? - $2.27 - $1.17 - 7.49 - $0.30
35 - DLA - 22 - ? - $1.95 - $0.80 - 8.32 - $0.23
36 - Morgan Lewis - 11 - ? - $1.47 - $1.09 - 1.81 - $0.81
37 - Wilson Sonsini - 11 - ? - $2.42 - $1.14 - 5.09 - $0.48
38 - King & Spalding - 24 - ? - $3 - $1.15 - 5.13 - $0.58
39 - Mayer Brown - 18 - ? - $1.81 - $0.91 - 4.91 - $0.37
40 - Winston - 1 - ? - $2.31 - $1.15 - 4.87 - $0.48
41 - K&L - ? - ? - $0.71 - $0.61 - 3.18 - $0.22
42 - Munger - 15 - ? - $1.87 - $1.49 - 1.1 - $1.70
43 - Perkins - 25 - ? - $1.37 - $0.90 - 4.76 - $0.29
44 - Willkie - 10 - ? - $3.17 - $1.25 - 3.7 - $0.86
45 - Clifford Chance - 11 - ? - $2.16 - $0.94 - 5.13 - $0.42
46 - Baker Botts - 21 - ? - $1.60 - $1.02 - 2.73 - $0.59
47 - Linklaters - 22 - ? - $2.27 - $0.93 - 4.31 - $0.53
48 - Fried Frank - 14 - ? - $3.79 - $1.44 - 4.19 - $0.90
49 - Shearman Sterling - 17 - ? - $2.46 - $1.14 - 5.31 - $0.46
50 - Allen & Overy - 25 - ? - $2.22 - $0.92 - 5.1 - $0.43
51 - Dechert - 17 - ? - $3.02 - $1.17 - 5.32 - $0.57
52 - Susman Godfrey - 22 - ? - - - 1.23 -
53 - Greenberg Traurig - 46 - ? - $1.80 - $0.79 - 5.66 - $0.32
54 - Alston & Bird - 25 - ? - $2.25 - $1.05 - 4.22 - $0.53
55 - Cadwalader - 24 - ? - $3.01 - $1.20 - 7.3 - $0.41
57 - McDermott - 22 - ? - $2.01 - $1.12 - 4.1 - $0.49
58 - Vinson & Elkins - 14 - ? - $2.80 - $1.21 - 4.25 - $0.66
60 - Jenner Block - 24 - ? - $1.59 - $0.97 - 3.22 - $0.50
63 - Norton Rose - 25 - ? - $0.91 - $0.58 - 4.06 - $0.23
65 - Freshfields - 11 - 8 - $2.49 - $1.33 - 3 - $0.83
66 - Cahill - 11 - ? - $3.84 - $1.36 - 3.49 - $1.10
69 - Irell - 3 - ? - $2.68 - $1.84 - 1.22 - $2.20
72 - Sheppard Mullin - 29 - ? - $1.80 - $1.03 - 4.21 - $0.43
73 - Fenwick - 18 - ? - $2.17 - $1.36 - 3.2 - $0.68
74 - Fish - 114 - ? - $2.03 - $1.38 - 2.45 - $0.83
80 - Katten - 29 - ? - $1.85 - $0.99 - 4.17 - $0.44
82 - Schulte Roth - 16 - ? - $3.05 - $1.34 - 3.58 - $0.85
90 - Gunderson - 13 - ? - - - -
94 - Kramer Levin - 15 - ? - $2.16 - $1.21 - 3.78 - $0.57
x - Hueston Hennigan - 0 - 2 - - - -
x - Barack Ferrazzano - 2 - ? - - - -
x - Selendy & Gay - 7 - ? - - - -
x - Holwell Shuster & Goldberg - 8 - ? - - - -
x - Kaplan & Company - 10 - ? - - - -
x - Keker - 11 - ? - - - -
x - Greenberg Gross - 12 - ? - - - -
x - Brown Rudnick - 15 - ? - $1.25 - $1.00 - 2.59 - $0.48
x - Fragomen - ? - ? - $2.35 - $1.21 - 8.94 - $0.26
x - Herbert Smith - 18 - ? - - - -
x - Stroock - 18 - ? - $2.10 - $1.06 - 7.1 - $0.30
x - Desmarais - 22 - ? - - - -
x - Lowenstein Sandler - 22 - ? - $2.42 - $1.12 - 5.14 - $0.47
x - Thompson & Knight - 24 - ? - $1.07 - $0.78 - 2.27 - $0.47
x - Patterson Belknap - 24 - ? - $1.76 - $1.19 - 2.85 - $0.62
x - Ahmad Zavitsanos - 24 - ? - - - -
x - Choate - 25 - ? - $2.70 - $1.50 - 2.35 - $1.15

Disclaimer: I did this as quickly as possible pulling from Vault, AmLaw, and couple other sources. If you spot a mistake, please just repost with the correction. I don't want to hear about it. Also, I was unable to get tables to work in BBC code - if you know how to do that please DM me, or better yet, repost it yourself.

[NoLongerALurker]

I'm bored of hearing about what the Weil/KE announcements mean to you. Let's talk facts. Here's a table summarizing '18 and '20 bonus announcement timing and other relevant metrics for the V50 plus a few others that seem to play into the matching game. Firms that have matched/announced are bolded

Discuss and update as needed.

Vault Ranking - Firm - 2018 Days from Milbank - 2020 Days from DPW - PPEP (mil) - RPL (mil) - Leverage - PPEP / Leverage (mil; i.e., profits per non-partner or the pool each bonus is paid from)
1 - Cravath - 7 - ? - $4.41 - $1.52 - 5.19 - $0.85
2 - Skadden - 10 - ? - $3.92 - $1.55 - 4.07 - $0.96
3 - WLRP - ? - ? - $6.33 - $3.33 - 2.12 - $2.99
4 - SC - 9 - 6 - $4.65 - $1.81 - 3.93 - $1.18
5 - LW - 18 - ? - $3.78 - $1.39 - 4.29 - $0.88
6 - KE - 10 - TBD - $5.20 - $1.60 - 4.77 - $1.09
7 - DPW - 10 - 0 - $4.51 - $1.48 - 5.08 - $0.89
8 - STB - 2 - 7 - $4.42 - $1.63 - 4.2 - $1.05
9 - Gibson - 18 - ? - $3.78 - $1.49 - 3.15 - $1.20
10 - Paul Weiss - 9 - ? - $4.70 - $1.36 - 5.66 - $0.83
11 - Sidley - 11 - ? - $2.82 - $1.22 - 5.14 - $0.55
12 - Weil - 10 - 9 - $4.03 - $1.35 - 5.7 - $0.71
13 - Quinn - 9 - ? - $4.56 - $1.51 - 4.27 - $1.07
14 - Cleary - 10 - ? - $3.07 - $1.00 - 5.68 - $0.54
15 - Covington - 21 - ? - $1.80 - $1.07 - 2.6 - $0.69
16 - Jones Day - 2 - ? - $1.12 - $0.83 - 1.77 - $0.63
17 - White & Case - 14 - ? - $2.60 - $0.99 - 5.64 - $0.46
18 - Debevois - 8 - ? - $3.72 - $1.48 - 4.16 - $0.89
19 - Ropes - 11 - ? - $2.82 - $1.53 - 3.86 - $0.73
20 - Williams & Connolly - ? - ? - $1.45 - $1.13 - 1.98 - $0.73
21 - Wilmer - 28 - ? - $2.31 - $1.40 - 2.46 - $0.94
22 - Paul Hastings - 23 - ? - $3.42 - $1.33 - 4.13 - $0.83
23 - MoFo - 22 - ? - $2.05 - $1.14 - 4.55 - $0.45
24 - Cooley - 14 - -1 - $2.54 - $1.32 - 3.43 - $0.74
25 - Milbank - 0 - 1 - $3.87 - $1.40 - 3.83 - $1.01
26 - O'Melveny - 21 - ? - $2.32 - $1.25 - 2.9 - $0.80
27 - Hogan - 18 - ? - $1.51 - $0.85 - 3.93 - $0.38
28 - Proskauer - 1 - ? - $2.75 - $1.35 - 3.4 - $0.81
29 - BSF - ? - ? - $3.37 - $1.35 - 4.77 - $0.71
30 - Goodwin - 11 - ? - $2.61 - $1.22 - 3.75 - $0.70
31 - Akin - 17 - ? - $2.60 - $1.25 - 4.1 - $0.63
32 - A&P - 32 - ? - $1.21 - $1.04 - 2.01 - $0.60
33 - Baker McKenzie - 16 - ? - $1.47 - $0.61 - 6.03 - $0.24
34 - Orrick - 17 - ? - $2.27 - $1.17 - 7.49 - $0.30
35 - DLA - 22 - ? - $1.95 - $0.80 - 8.32 - $0.23
36 - Morgan Lewis - 11 - ? - $1.47 - $1.09 - 1.81 - $0.81
37 - Wilson Sonsini - 11 - ? - $2.42 - $1.14 - 5.09 - $0.48
38 - King & Spalding - 24 - ? - $3 - $1.15 - 5.13 - $0.58
39 - Mayer Brown - 18 - ? - $1.81 - $0.91 - 4.91 - $0.37
40 - Winston - 1 - ? - $2.31 - $1.15 - 4.87 - $0.48
41 - K&L - ? - ? - $0.71 - $0.61 - 3.18 - $0.22
42 - Munger - 15 - ? - $1.87 - $1.49 - 1.1 - $1.70
43 - Perkins - 25 - ? - $1.37 - $0.90 - 4.76 - $0.29
44 - Willkie - 10 - ? - $3.17 - $1.25 - 3.7 - $0.86
45 - Clifford Chance - 11 - ? - $2.16 - $0.94 - 5.13 - $0.42
46 - Baker Botts - 21 - ? - $1.60 - $1.02 - 2.73 - $0.59
47 - Linklaters - 22 - ? - $2.27 - $0.93 - 4.31 - $0.53
48 - Fried Frank - 14 - ? - $3.79 - $1.44 - 4.19 - $0.90
49 - Shearman Sterling - 17 - ? - $2.46 - $1.14 - 5.31 - $0.46
50 - Allen & Overy - 25 - ? - $2.22 - $0.92 - 5.1 - $0.43
51 - Dechert - 17 - ? - $3.02 - $1.17 - 5.32 - $0.57
52 - Susman Godfrey - 22 - ? - - - 1.23 -
53 - Greenberg Traurig - 46 - ? - $1.80 - $0.79 - 5.66 - $0.32
54 - Alston & Bird - 25 - ? - $2.25 - $1.05 - 4.22 - $0.53
55 - Cadwalader - 24 - ? - $3.01 - $1.20 - 7.3 - $0.41
57 - McDermott - 22 - ? - $2.01 - $1.12 - 4.1 - $0.49
58 - Vinson & Elkins - 14 - ? - $2.80 - $1.21 - 4.25 - $0.66
60 - Jenner Block - 24 - ? - $1.59 - $0.97 - 3.22 - $0.50
63 - Norton Rose - 25 - ? - $0.91 - $0.58 - 4.06 - $0.23
65 - Freshfields - 11 - 8 - $2.49 - $1.33 - 3 - $0.83
66 - Cahill - 11 - ? - $3.84 - $1.36 - 3.49 - $1.10
69 - Irell - 3 - ? - $2.68 - $1.84 - 1.22 - $2.20
72 - Sheppard Mullin - 29 - ? - $1.80 - $1.03 - 4.21 - $0.43
73 - Fenwick - 18 - ? - $2.17 - $1.36 - 3.2 - $0.68
74 - Fish - 114 - ? - $2.03 - $1.38 - 2.45 - $0.83
80 - Katten - 29 - ? - $1.85 - $0.99 - 4.17 - $0.44
82 - Schulte Roth - 16 - ? - $3.05 - $1.34 - 3.58 - $0.85
90 - Gunderson - 13 - ? - - - -
94 - Kramer Levin - 15 - ? - $2.16 - $1.21 - 3.78 - $0.57
x - Hueston Hennigan - 0 - 2 - - - -
x - Barack Ferrazzano - 2 - ? - - - -
x - Selendy & Gay - 7 - ? - - - -
x - Holwell Shuster & Goldberg - 8 - ? - - - -
x - Kaplan & Company - 10 - ? - - - -
x - Keker - 11 - ? - - - -
x - Greenberg Gross - 12 - ? - - - -
x - Brown Rudnick - 15 - ? - $1.25 - $1.00 - 2.59 - $0.48
x - Fragomen - ? - ? - $2.35 - $1.21 - 8.94 - $0.26
x - Herbert Smith - 18 - ? - - - -
x - Stroock - 18 - ? - $2.10 - $1.06 - 7.1 - $0.30
x - Desmarais - 22 - ? - - - -
x - Lowenstein Sandler - 22 - ? - $2.42 - $1.12 - 5.14 - $0.47
x - Thompson & Knight - 24 - ? - $1.07 - $0.78 - 2.27 - $0.47
x - Patterson Belknap - 24 - ? - $1.76 - $1.19 - 2.85 - $0.62
x - Ahmad Zavitsanos - 24 - ? - - - -
x - Choate - 25 - ? - $2.70 - $1.50 - 2.35 - $1.15

Disclaimer: I did this as quickly as possible pulling from Vault, AmLaw, and couple other sources. If you spot a mistake, please just repost with the correction. I don't want to hear about it. Also, I was unable to get tables to work in BBC code - if you know how to do that please DM me, or better yet, repost it yourself.

Interesting! I really thought Cravath/Skadden/LW were quicker to match in 2018. Looks like the market is not particularly late on matches here, despite it feeling sort of slow.