Am I being frozen out? Forum
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Anonymous Posting
Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.
Failure to follow these rules will get you outed, warned, or banned.
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- Joined: Tue Aug 11, 2009 9:32 am
Am I being frozen out?
At a tier 1 firm but have billed less than 2 hours this year. All signs say the market is still busy https://abovethelaw.com/2022/01/big-mon ... 22-market/.
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Re: Am I being frozen out?
It's like January 4th bro. Did you meet your hours last year? If so, chill. People haven't even turned on their computers yet.Anonymous User wrote: ↑Tue Jan 04, 2022 9:31 pmAt a tier 1 firm but have billed less than 2 hours this year. All signs say the market is still busy https://abovethelaw.com/2022/01/big-mon ... 22-market/.
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Re: Am I being frozen out?
*David Attenborough voice*
Here, ladies and gentlemen, we see a pristine example of bait being taken nigh immediately upon being laid. Hardly seven minutes passed after OP’s humorous post when an unsuspecting commenter pounced, taking what they read on an internet forum as genuine. Well played, OP, and cheers to your future hunts
Here, ladies and gentlemen, we see a pristine example of bait being taken nigh immediately upon being laid. Hardly seven minutes passed after OP’s humorous post when an unsuspecting commenter pounced, taking what they read on an internet forum as genuine. Well played, OP, and cheers to your future hunts
- blair.waldorf
- Posts: 397
- Joined: Fri Oct 20, 2017 12:52 am
Re: Am I being frozen out?
We are two weekdays into the month….
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Re: Am I being frozen out?
Yes. Have you considered an exit to investment banking? You should find a few helpful threads here about making this shift.Anonymous User wrote: ↑Tue Jan 04, 2022 9:31 pmAt a tier 1 firm but have billed less than 2 hours this year. All signs say the market is still busy https://abovethelaw.com/2022/01/big-mon ... 22-market/.
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Re: Am I being frozen out?
I am on track for 800 hours this month. I think if you haven't hit 50, you're being Lathamed and it's time to consider a V6 firm. Or even V7.
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Re: Am I being frozen out?
Given there are only 744 hours over the 31 days in January, I can only surmise that you’re crisscrossing timezones and/or working from a jet. How’s the internet connectivity?Anonymous User wrote: ↑Wed Jan 05, 2022 12:12 pmI am on track for 800 hours this month. I think if you haven't hit 50, you're being Lathamed and it's time to consider a V6 firm. Or even V7.
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Re: Am I being frozen out?
My firm got rid of private offices and put juniors (/unpopular midlevels) in hyperbaric chambers which spin at relativistic speeds so we can bill 27.4 hours per calendar day.Anonymous User wrote: ↑Wed Jan 05, 2022 7:39 pmGiven there are only 744 hours over the 31 days in January, I can only surmise that you’re crisscrossing timezones and/or working from a jet. How’s the internet connectivity?Anonymous User wrote: ↑Wed Jan 05, 2022 12:12 pmI am on track for 800 hours this month. I think if you haven't hit 50, you're being Lathamed and it's time to consider a V6 firm. Or even V7.
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Re: Am I being frozen out?
All kidding aside, you need to reach out and stay busy pretty soon if you want to get the next round of special bonuses. They will be tied to annualized hours and you don’t want a slow January preventing you from getting one. Ramp up soon or think about your next firm and try to finesse it into a guaranteed special bonus if it takes a few months to lateral. Good luck.
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Re: Am I being frozen out?
You write "All kidding aside," but then post something that sounds like a joke. Can you earn trolling credit if you start off by suggesting you're being serious?Anonymous User wrote: ↑Fri Jan 07, 2022 2:42 pmAll kidding aside, you need to reach out and stay busy pretty soon if you want to get the next round of special bonuses. They will be tied to annualized hours and you don’t want a slow January preventing you from getting one. Ramp up soon or think about your next firm and try to finesse it into a guaranteed special bonus if it takes a few months to lateral. Good luck.
Assuming you are being serious, we don't know if there will be another round of special bonuses so working harder than we otherwise would (not hard in general) is a calculated risk which may not pay off. It's different if your firm always gives higher bonuses for higher hours.
Second, only someone who is doing their first rodeo asks for more work because they're temporarily slow.
Third, lateraling because you're having a slow January is ridiculous unless work at your firm is generally so scarce throughout the entire year that you would not be able to easily get more work to meet hours later. A firm that has so little work probably isn't giving out special bonuses anyway.
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Re: Am I being frozen out?
This is a real concern. Once my firm gave special bonuses and didn't give me one because I was annualizing like 1500 after taking February off. Womp womp. Finished the year with 2100 but was never trued up. Still bitter years later.Anonymous User wrote: ↑Fri Jan 07, 2022 2:42 pmAll kidding aside, you need to reach out and stay busy pretty soon if you want to get the next round of special bonuses. They will be tied to annualized hours and you don’t want a slow January preventing you from getting one. Ramp up soon or think about your next firm and try to finesse it into a guaranteed special bonus if it takes a few months to lateral. Good luck.
- unlicensedpotato
- Posts: 571
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Re: Am I being frozen out?
I haven't seen any major firm with a requirement for special bonuses higher than 2000 billable hours so as long as you're above that (which on the transactional side it would be difficult to get under even if you tried) then you should be in good shape.
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