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I’ve heard of six figures but not upwards of 200k. Though i’m also curious about how these break down. More transparency also seems to favor associates negotiating signing bonuseslawstudent212 wrote: ↑Fri Mar 11, 2022 3:38 pmAt about the same time last year, signing bonuses became a huge thing and there were rumors of certain candidates (i.e. 4th - 7th year M&A associates) receiving upwards of $200K signing bonuses. Anecdotally, it seems like the lateral market has cooled a bit and those signing bonuses aren't as prevalent.
Anyone have any data points for recent signing bonuses?
Curious as to why you don't know if it’s worth it from a financial perspective. I assume they also guaranteed a full EOY bonus?Anonymous User wrote: ↑Wed Mar 16, 2022 11:26 amI just received a $200K signing bonus as a lateral in bank finance/capital markets (c/o 2013). Given my favorable position and desire for promotion in the next couple years, I would not have moved for less. And I still don’t know if it’s “worth it” from a purely financial perspective. Year end bonus with hours-based bump is nearly that high these days.
Presumably because partnership chances may be lower at new firm (i.e., no built up personal capital / relationships)ChickenSalad wrote: ↑Wed Mar 16, 2022 5:18 pmCurious as to why you don't know if it’s worth it from a financial perspective. I assume they also guaranteed a full EOY bonus?Anonymous User wrote: ↑Wed Mar 16, 2022 11:26 amI just received a $200K signing bonus as a lateral in bank finance/capital markets (c/o 2013). Given my favorable position and desire for promotion in the next couple years, I would not have moved for less. And I still don’t know if it’s “worth it” from a purely financial perspective. Year end bonus with hours-based bump is nearly that high these days.
Practice group?Anonymous User wrote: ↑Thu Mar 17, 2022 12:10 am$50k signing bonus offered yesterday, c/o 2017. Might be able to get more haven't fully negotiated yet.
Investment funds.Anonymous User wrote: ↑Thu Mar 17, 2022 11:22 amPractice group?Anonymous User wrote: ↑Thu Mar 17, 2022 12:10 am$50k signing bonus offered yesterday, c/o 2017. Might be able to get more haven't fully negotiated yet.
Correct. Assuming OP is in good standing at current firm, there’s a cost associated with giving up good will and reputation to start fresh.RaceJudicata wrote: ↑Wed Mar 16, 2022 8:02 pmPresumably because partnership chances may be lower at new firm (i.e., no built up personal capital / relationships)ChickenSalad wrote: ↑Wed Mar 16, 2022 5:18 pmCurious as to why you don't know if it’s worth it from a financial perspective. I assume they also guaranteed a full EOY bonus?Anonymous User wrote: ↑Wed Mar 16, 2022 11:26 amI just received a $200K signing bonus as a lateral in bank finance/capital markets (c/o 2013). Given my favorable position and desire for promotion in the next couple years, I would not have moved for less. And I still don’t know if it’s “worth it” from a purely financial perspective. Year end bonus with hours-based bump is nearly that high these days.