2021 End of Year Bonuses Forum

[Elvis_Dumervil]

If only the partnership knew how much billable time is being lost not announcing early causing associates to stay glued to TLS and ATL for updates all day...

my wife told me if i'm just going to post on this stupid forum all day instead of working I might as well help with the kids

Look partners, the floodgates are opening. If we don’t get a raise soon, we’re going to start realizing there are more important things in life than making you money 24/7.

why would an extra $50k change that? Is that all it takes for you?

[Anonymous User]

Yes, it fucking is.

[Anonymous User]

Yes, it fucking is.

[Anonymous User]

Yes, it fucking is.

[Anonymous User]

Yes, it fucking is.

[Anonymous User]

If only the partnership knew how much billable time is being lost not announcing early causing associates to stay glued to TLS and ATL for updates all day...

my wife told me if i'm just going to post on this stupid forum all day instead of working I might as well help with the kids

Look partners, the floodgates are opening. If we don’t get a raise soon, we’re going to start realizing there are more important things in life than making you money 24/7.

why would an extra $50k change that? Is that all it takes for you?

Lol good one.

Of course that's what it takes. We do this job for the money.

[Elvis_Dumervil]

Yes, it fucking is.

You see how sad that sounds, right? It's one thing to say you think you deserve $50k -- you're probably right. It's another to say "there are better things I could be doing in life than making money for partners helping evil corporations merge with each other, but I got an extra $50k for xmas this year, so I guess I'll stick it out." Just sounds a bit weird, you know? I don't know about you, but I'm looking for a bit more money to sell my soul. $50k won't even buy a decent car.

[Elvis_Dumervil]

If only the partnership knew how much billable time is being lost not announcing early causing associates to stay glued to TLS and ATL for updates all day...

my wife told me if i'm just going to post on this stupid forum all day instead of working I might as well help with the kids

Look partners, the floodgates are opening. If we don’t get a raise soon, we’re going to start realizing there are more important things in life than making you money 24/7.

why would an extra $50k change that? Is that all it takes for you?

Lol good one.

Of course that's what it takes. We do this job for the money.

What's sad isn't that there is an amount of money that justifies the job, it's that it's such a small amount. I mean, obviously there's somebody right on the border, where an extra $1 would make the difference, but life really sucks for that person. And in any case I don't actually believe that all of you are that close to the border. The way we'll know for sure, I guess, is if Cravath collapses after bonuses are paid.

[Lesion of Doom]

Yes, it fucking is.

You see how sad that sounds, right? It's one thing to say you think you deserve $50k -- you're probably right. It's another to say "there are better things I could be doing in life than making money for partners helping evil corporations merge with each other, but I got an extra $50k for xmas this year, so I guess I'll stick it out." Just sounds a bit weird, you know? I don't know about you, but I'm looking for a bit more money to sell my soul. $50k won't even buy a decent car.

Pretty sure that comment was tongue in cheek.

[TigerIsBack]

Yes, it fucking is.

You see how sad that sounds, right? It's one thing to say you think you deserve $50k -- you're probably right. It's another to say "there are better things I could be doing in life than making money for partners helping evil corporations merge with each other, but I got an extra $50k for xmas this year, so I guess I'll stick it out." Just sounds a bit weird, you know? I don't know about you, but I'm looking for a bit more money to sell my soul. $50k won't even buy a decent car.

Seems weirder to argue against the original point, call it sad, but then at the end just agree with everything except that your personal threshold is somewhere north of $50k.

[Anonymous User]

Yes, it fucking is.

You see how sad that sounds, right? It's one thing to say you think you deserve $50k -- you're probably right. It's another to say "there are better things I could be doing in life than making money for partners helping evil corporations merge with each other, but I got an extra $50k for xmas this year, so I guess I'll stick it out." Just sounds a bit weird, you know? I don't know about you, but I'm looking for a bit more money to sell my soul. $50k won't even buy a decent car.

I’m the one that originally made that comment – it was a joke. I’m personally just pocketing as much as I can before I have children that I can actively raise. No amount of money is more important than that.

[Wanderingdrock]

Yes, it fucking is.

You see how sad that sounds, right? It's one thing to say you think you deserve $50k -- you're probably right. It's another to say "there are better things I could be doing in life than making money for partners helping evil corporations merge with each other, but I got an extra $50k for xmas this year, so I guess I'll stick it out." Just sounds a bit weird, you know? I don't know about you, but I'm looking for a bit more money to sell my soul. $50k won't even buy a decent car.

OK now we know you're trolling. A, because you obviously know nobody is doing that for 50k; the discussion is over whether doing it for 450k makes a difference vs. 400k. B, because in the same breath you call us weird for selling our souls for a price and then declare you only think we're weird for not holding out for more. And C, because your last line - "$50k won't even buy a decent car" - is obviously tongue-in-cheek.

Hold on a second... Are you possibly not trolling? Are you an out-of-touch partner??

[Elvis_Dumervil]

Yes, it fucking is.

You see how sad that sounds, right? It's one thing to say you think you deserve $50k -- you're probably right. It's another to say "there are better things I could be doing in life than making money for partners helping evil corporations merge with each other, but I got an extra $50k for xmas this year, so I guess I'll stick it out." Just sounds a bit weird, you know? I don't know about you, but I'm looking for a bit more money to sell my soul. $50k won't even buy a decent car.

Seems weirder to argue against the original point, call it sad, but then at the end just agree with everything except that your personal threshold is somewhere north of $50k.

But it's exactly the $50k that seemed sad. That's what I emphasized from the beginning. $1 would also be sad. $1 million is much less sad. This isn't complicated.

[Anonymous User]

Yes, it fucking is.

You see how sad that sounds, right? It's one thing to say you think you deserve $50k -- you're probably right. It's another to say "there are better things I could be doing in life than making money for partners helping evil corporations merge with each other, but I got an extra $50k for xmas this year, so I guess I'll stick it out." Just sounds a bit weird, you know? I don't know about you, but I'm looking for a bit more money to sell my soul. $50k won't even buy a decent car.

Seems weirder to argue against the original point, call it sad, but then at the end just agree with everything except that your personal threshold is somewhere north of $50k.

But it's exactly the $50k that seemed sad. That's what I emphasized from the beginning. $1 would also be sad. $1 million is much less sad. This isn't complicated.

Yes, it fucking is.

[Anonymous User]

If only the partnership knew how much billable time is being lost not announcing early causing associates to stay glued to TLS and ATL for updates all day...

my wife told me if i'm just going to post on this stupid forum all day instead of working I might as well help with the kids

Look partners, the floodgates are opening. If we don’t get a raise soon, we’re going to start realizing there are more important things in life than making you money 24/7.

why would an extra $50k change that? Is that all it takes for you?

no it's just hyperbole by the same 3 people. the v10 will all announce and pay by 12/31. posting screeds of illusory mass-resignations because we aren't getting announcements yet is just bizarre.

[Elvis_Dumervil]

Yes, it fucking is.

You see how sad that sounds, right? It's one thing to say you think you deserve $50k -- you're probably right. It's another to say "there are better things I could be doing in life than making money for partners helping evil corporations merge with each other, but I got an extra $50k for xmas this year, so I guess I'll stick it out." Just sounds a bit weird, you know? I don't know about you, but I'm looking for a bit more money to sell my soul. $50k won't even buy a decent car.

OK now we know you're trolling. A, because you obviously know nobody is doing that for 50k; the discussion is over whether doing it for 450k makes a difference vs. 400k. B, because in the same breath you call us weird for selling our souls for a price and then declare you only think we're weird for not holding out for more. And C, because your last line - "$50k won't even buy a decent car" - is obviously tongue-in-cheek.

Hold on a second... Are you possibly not trolling? Are you an out-of-touch partner??

Maybe I'm an out-of-touch partner, but you're still an underpaid associate. Who wins? I'm daring you to quit, and your best comeback is to call me a boomer?

The way I know you won't quit is that you're a lawyer. You went to law school because you're a risk-averse rule-follower.

[cisscum]

Yes, it fucking is.

You see how sad that sounds, right? It's one thing to say you think you deserve $50k -- you're probably right. It's another to say "there are better things I could be doing in life than making money for partners helping evil corporations merge with each other, but I got an extra $50k for xmas this year, so I guess I'll stick it out." Just sounds a bit weird, you know? I don't know about you, but I'm looking for a bit more money to sell my soul. $50k won't even buy a decent car.

OK now we know you're trolling. A, because you obviously know nobody is doing that for 50k; the discussion is over whether doing it for 450k makes a difference vs. 400k. B, because in the same breath you call us weird for selling our souls for a price and then declare you only think we're weird for not holding out for more. And C, because your last line - "$50k won't even buy a decent car" - is obviously tongue-in-cheek.

Hold on a second... Are you possibly not trolling? Are you an out-of-touch partner??

Maybe I'm an out-of-touch partner, but you're still an underpaid associate. Who wins? I'm daring you to quit, and your best comeback is to call me a boomer?

The way I know you won't quit is that you're a lawyer. You went to law school because you're a risk-averse rule-follower.

Boomer hater here, but this guy has a point

[Anonymous User]

Yes, it fucking is.

You see how sad that sounds, right? It's one thing to say you think you deserve $50k -- you're probably right. It's another to say "there are better things I could be doing in life than making money for partners helping evil corporations merge with each other, but I got an extra $50k for xmas this year, so I guess I'll stick it out." Just sounds a bit weird, you know? I don't know about you, but I'm looking for a bit more money to sell my soul. $50k won't even buy a decent car.

OK now we know you're trolling. A, because you obviously know nobody is doing that for 50k; the discussion is over whether doing it for 450k makes a difference vs. 400k. B, because in the same breath you call us weird for selling our souls for a price and then declare you only think we're weird for not holding out for more. And C, because your last line - "$50k won't even buy a decent car" - is obviously tongue-in-cheek.

Hold on a second... Are you possibly not trolling? Are you an out-of-touch partner??

Maybe I'm an out-of-touch partner, but you're still an underpaid associate. Who wins? I'm daring you to quit, and your best comeback is to call me a boomer?

The way I know you won't quit is that you're a lawyer. You went to law school because you're a risk-averse rule-follower.

If you sincerely don't think $50k can buy a "decent" car then you are incredibly insufferable and/or extremely susceptible to being talked into things by car salesmen.

[Anonymous User]

What’s the point? That associates aren’t going to quit? Good luck with that. I’ve got 3 offers to start in Jan.

[Anonymous User]

I hate the fact that I’m forced to skim through this stupid squabbling just to stay on top of what actually matters (whether there’s been an announcement or not).

[Anonymous User]

DLA matched Cravath (for people making the minimum hours requirement and a 3 rating, as usual)

- anonymous DLA associate

[NoLongerALurker]

I will never forgive these law firms for taking so long to announce that I find myself having to read the backs and forth like above for weeks before seeing proper movement. Shame on you, firms.

[Wanderingdrock]

Yes, it fucking is.

You see how sad that sounds, right? It's one thing to say you think you deserve $50k -- you're probably right. It's another to say "there are better things I could be doing in life than making money for partners helping evil corporations merge with each other, but I got an extra $50k for xmas this year, so I guess I'll stick it out." Just sounds a bit weird, you know? I don't know about you, but I'm looking for a bit more money to sell my soul. $50k won't even buy a decent car.

OK now we know you're trolling. A, because you obviously know nobody is doing that for 50k; the discussion is over whether doing it for 450k makes a difference vs. 400k. B, because in the same breath you call us weird for selling our souls for a price and then declare you only think we're weird for not holding out for more. And C, because your last line - "$50k won't even buy a decent car" - is obviously tongue-in-cheek.

Hold on a second... Are you possibly not trolling? Are you an out-of-touch partner??

Maybe I'm an out-of-touch partner, but you're still an underpaid associate. Who wins? I'm daring you to quit, and your best comeback is to call me a boomer?

The way I know you won't quit is that you're a lawyer. You went to law school because you're a risk-averse rule-follower.

OK, point to you. And I bet I'd like you in person. Sorry for the snark.

The point is that, for many of us, our price point falls somewhere well above 50k but below 1 million. In the 300-600k range of compensation we're talking about, depending on seniority and where the bonuses fall this year, there are folks who will rationally decide that one bonus level is worth it to stick around another year and another isn't. When your total comp is ~400k, and you were an indebted law school student just 5 years ago, your perspective really is significantly affected by whether bonuses are 90k or 140k. And there are probably a fair number of us who are (irrationally? perhaps) affected by the perception of the thing; I personally won't be quitting this year, but I get it when others ITT complain about how much harder they've worked these past two years and how they feel insulted by partnerships who fail to recognize that with significant bumps to the bonuses.

[Anonymous User]

DLA matched Cravath (for people making the minimum hours requirement and a 3 rating, as usual)

- anonymous DLA associate

Is there a high biller bonus?

[Anonymous User]

Gentlemen! You can't fight here, this is the war room!