I am a senior associate and my firm has asked me to consider moving to another office (major market) to help expand our practice group. What would be expected in a relocation package/what’s reasonable to ask?
This is a situation where I’ll probably have to negotiate heavily. My spouse will have to find new employment for the move.
Thanks.
Relocation Package Forum
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Re: Relocation Package
Partner would be a good first request.Anonymous User wrote: ↑Mon Nov 30, 2020 10:33 pmI am a senior associate and my firm has asked me to consider moving to another office (major market) to help expand our practice group. What would be expected in a relocation package/what’s reasonable to ask?
This is a situation where I’ll probably have to negotiate heavily. My spouse will have to find new employment for the move.
Thanks.
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Re: Relocation Package
Of counsel is not unheard of either.
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Re: Relocation Package
OP here. I’m not that concerned with title. We have a two tiered partnership and it carries no benefits vs associate (actually it’s worse because the bonuses aren’t as good).
I’m more curious about what’s reasonable in terms of asks in connection with relocation (housing assistance, reduction in hours, etc.).
I’m more curious about what’s reasonable in terms of asks in connection with relocation (housing assistance, reduction in hours, etc.).
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Re: Relocation Package
Never been relocated as a lawyer, but worked in a field prior that involved fairly common relocations. Typical package, in order of greatest to least $$, was something like: costs associated with selling/buying a house (closing costs, real estate agent fees, etc.); temporary housing while looking for permanent housing (usually something like several months in temporary furnished housing); moving costs for professional movers; transportation cost for you and your car.Anonymous User wrote: ↑Tue Dec 01, 2020 9:55 pmOP here. I’m not that concerned with title. We have a two tiered partnership and it carries no benefits vs associate (actually it’s worse because the bonuses aren’t as good).
I’m more curious about what’s reasonable in terms of asks in connection with relocation (housing assistance, reduction in hours, etc.).
If you do own your own home and are planning to sell it and buy another one there, then relocating is a huge expense (agents fees are tens of thousands for selling, then closing costs for buying)... make sure that gets included. The above is pretty standard package for relocating (in addition to whatever salary bump or bonus it takes to induce you to move).
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Re: Relocation Package
Agree with the above. Financially, it should cost you nothing to relocate because it sounds like the firm wants you to relocate rather than the other way around. So, make sure you calculate all those expenses.
I'd also ask for a one time bonus (up to you how much). It's to entice you to move and to compensate for the fact your wife would temporarily be without an income.
I'd also ask for a one time bonus (up to you how much). It's to entice you to move and to compensate for the fact your wife would temporarily be without an income.
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