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Signing Bonus for a Mid-level Associate?
Posted: Sun May 15, 2022 11:29 am
by harveyspector3112
Does anyone know what the current "market" signing bonus is for a mid-level associate? (I am not in M&A, in case that matters). What would be a reasonable number to ask for?
Re: Signing Bonus for a Mid-level Associate?
Posted: Mon May 16, 2022 3:41 pm
by Anonymous User
I just signed an offer letter. Initially I didn’t receive a signing bonus, but I asked for $30K and the firm (Amlaw 10) agreed. I’m a third year associate in a specialty group.
Re: Signing Bonus for a Mid-level Associate?
Posted: Mon May 16, 2022 3:53 pm
by Anonymous User
Anonymous User wrote: ↑Mon May 16, 2022 3:41 pm
I just signed an offer letter. Initially I didn’t receive a signing bonus, but I asked for $30K and the firm (Amlaw 10) agreed. I’m a third year associate in a specialty group.
Did the bonus come with a full year clawback?
Re: Signing Bonus for a Mid-level Associate?
Posted: Mon May 16, 2022 5:17 pm
by Anonymous User
Anonymous User wrote: ↑Mon May 16, 2022 3:53 pm
Anonymous User wrote: ↑Mon May 16, 2022 3:41 pm
I just signed an offer letter. Initially I didn’t receive a signing bonus, but I asked for $30K and the firm (Amlaw 10) agreed. I’m a third year associate in a specialty group.
Did the bonus come with a full year clawback?
Got 45k as soon-to-be third year. Non-NY major market, switching practice groups into a non-M&A transactional practice from a V10 to a V30. They started around the 30k mark but once I got some other matches I was able to negotiate it up. I had several offers and each and every one came with a one-year clawback.
One thing to negotiate for as well is a guaranteed market-rate bonus with prorated hours requirement. I only have to bill ~1000 hours from Mid June to January to get a full market-rate bonus instead of the usual 2000.
Re: Signing Bonus for a Mid-level Associate?
Posted: Tue May 17, 2022 1:25 pm
by Anonymous User
Mid-level corporate associate looking to lateral. Any firms still handing out $100k signing bonuses?