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Timing of Signing Bonus Payment

Posted: Thu Apr 28, 2022 5:32 pm
by Anonymous User
Curious about people's experiences here.

Lateraling to new firm and offered a signing bonus that will be paid "within my first 30 days" according to my offer letter.

When do most people actually get it? In your first paycheck or does it take two cycles of checks to work through?

Just trying to financially plan it out.

Re: Timing of Signing Bonus Payment

Posted: Thu Apr 28, 2022 11:47 pm
by Anonymous User
I don’t remember the exact language of my offer letter, but payment was in my first paycheck at STB.

Re: Timing of Signing Bonus Payment

Posted: Fri Apr 29, 2022 11:23 am
by Anonymous User
Milbank, first paycheck.

Re: Timing of Signing Bonus Payment

Posted: Fri Apr 29, 2022 12:32 pm
by Anonymous User
I got a clerkship bonus from a litigation boutique that was paid out in my first paycheck.

Re: Timing of Signing Bonus Payment

Posted: Sun May 01, 2022 4:47 pm
by Anonymous User
Latham paid my signing bonus as part of my second paycheck.

Re: Timing of Signing Bonus Payment

Posted: Mon May 02, 2022 3:44 am
by Anonymous User
Lateralled in 2020, I got mine on the first paycheck.

The more important thing is the clawback period, if any. I left not long after the clawback period, but if it's 2-3 years, there's a good chance you'll lose some of your signing bonus.