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lol just lol at S&C "spring bonuses"
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Date: April 27th, 2012 3:42 PM Author: peach garrison friendly grandma Also, lol at how this ttt website barely talked about it yesterday.
I literally laughed out loud when I saw this shit. This profession is shit, pure shit brothers.
Class of 2011 — $1,000 Class of 2010 — $1,000 Class of 2009 — $2,500 Class of 2008 — $2,500 Class of 2007 — $2,500 Class of 2006 — $5,000 |
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Date: April 27th, 2012 3:44 PM Author: stirring plaza so what's going on? S&C is still paying around 160k annual right? (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20561010) |
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Date: April 27th, 2012 4:00 PM Author: peach garrison friendly grandma Yes. A $1000 bonus is .625% of a first years their annual salary. In case you are confused, that is less than 1%.
That is quite fucking embarrassing they even had the balls to publicly announce something like that. Biglaw is a joke. These high end firms are supposed to be run by legal "winners." IE, the people with the best credentials, that worked the hardest, that did the best in law school and are at the top of their profession.
Most men in a position like that would be considered a "leader." Not so in biglaw. Every firm sits around like sheep and waits for some ttt firm in New York to announce bonuses. They all blindly follow suit, no matter what Cravath announces.
Finally, last year the Cravattth butt-fucking got so egregious that some firms announced "spring bonuses." The large majority of firms then followed suit. Surprise, surprise. Spineless sheep, as usual.
Now we have S&C, a supposed leader in the legal market, that prommised spring bonuses. So what do they do? With two weeks left in spring, they give out bonuses that are a fraction of an associate's weekly salary. That is a joke.
Quite frankly, I don't give a fuck that partners can choose to give associates whatever they want. They can give them nothing. It doesn't change the fact that this profession, and biglaw specifically, is run by a group of giant fucking vaginas. |
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Date: April 27th, 2012 4:06 PM Author: Lilac idiot sneaky criminal brother, you are way overanalyzing this. it has nothing to do with being a sheep, or a vagina. it has to do with MONEY.
I have to laugh. biglaw associates go into biglaw to MAKE MONEY and are greedy as shit. then, when biglaw partners also display signs of being greedy as shit, associates act all surprised. everyone is just out to get as much MONEY as they can. |
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Date: April 27th, 2012 4:11 PM Author: peach garrison friendly grandma Of course it has to do with money. It doesn't change the fact that biglaw partners are still giant pussies. They are followers. If really cared about squeezing every last dime out of the firm, they wouldn't give any bonuses. (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20561114) |
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Date: April 27th, 2012 4:55 PM Author: cerebral naked brunch ratface this. they really think they became part of the club when they got that offer. they are fungible like everyone else. this shows how little their so called "colleagues" regard them. (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20561351) |
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Date: April 27th, 2012 8:53 PM Author: Floppy duck-like point marketing idea (mad as fuck about no biglaw) (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20562962) |
Date: April 27th, 2012 3:48 PM Author: Lilac idiot sneaky criminal its embarrassing. they had to throw people a bone because they promised spring bonuses, but its obviously pathetttic. however, nothing will change until the supply of associates outstrips demand, which will be probably never again, at least for the next decade. (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20561019) |
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Date: April 27th, 2012 3:59 PM Author: Violent House expected/implied regular "bonuses" are stupid. bonuses should be an incentive given to those who achieve (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20561065) |
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Date: April 27th, 2012 8:07 PM Author: Stubborn hospital (boomer) (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20562663) |
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Date: April 27th, 2012 9:59 PM Author: onyx mediation range They should be tied to firm profitability, or maybe a % of the hours you bill over the min.
Firms would make a ton of money just giving associates 25 bucks for every hour they bill over 2000. 25 out of the hundreds they bill the client.
It's kinda stupid to pay the guy who clocks in at 1951 hours the same as the guy doing 2650. But I guess the guys at market setting firms bill as much as they can for prestige, which is free. |
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Date: April 27th, 2012 4:01 PM Author: Slap-happy lascivious institution goal in life Should just give everyone iPad 3. (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20561076) |
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Date: April 27th, 2012 4:06 PM Author: Lilac idiot sneaky criminal this. (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20561093) |
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Date: April 27th, 2012 4:25 PM Author: Umber gaming laptop Big4 audit bonuses shattering the biglaw market. (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20561181) |
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Date: April 27th, 2012 4:25 PM Author: Adventurous Autistic Shrine Psychic how much are those? (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20561183) |
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Date: April 27th, 2012 4:29 PM Author: Umber gaming laptop I dunno, probably about the same. I think they're shitty little discrstionary bonuses in the 1-3k range for staff. (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20561195) |
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Date: April 27th, 2012 4:40 PM Author: razzle-dazzle irate senate who still expects a bonus in law? (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20561263) |
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Date: April 27th, 2012 4:41 PM Author: Adventurous Autistic Shrine Psychic me! (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20561267) |
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Date: April 27th, 2012 4:41 PM Author: Yapping Appetizing Corner Background Story 3 billable hours (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20561266) |
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Date: April 27th, 2012 7:57 PM Author: Vibrant ebony business firm NO WHAMMIES! (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20562614) |
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Date: April 27th, 2012 4:43 PM Author: talking clown messiness p.s. my summer internship bonus from working at goldman sachs and getting NO OFFERED was more than this. (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20561283) |
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Date: April 27th, 2012 7:55 PM Author: peach garrison friendly grandma (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20562598) |
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Date: April 27th, 2012 8:38 PM Author: spectacular pale property place of business will you take q's on this experience? (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20562865) |
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Date: April 27th, 2012 8:50 PM Author: Floppy duck-like point marketing idea It is fucking pathetic. (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20562939) |
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Date: April 27th, 2012 8:52 PM Author: Puce hairraiser stag film sound barrier If I was class of 2007, I would politely refuse the bonus. (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20562952) |
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Date: April 27th, 2012 8:56 PM Author: silver cheese-eating tanning salon boiling water (Rudolph) (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20562977) |
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Date: April 27th, 2012 8:53 PM Author: Soul-stirring adulterous fat ankles voluntary attrition is probably shit right now (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20562959) |
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Date: April 27th, 2012 9:21 PM Author: slimy fluffy hell i'm not going to turn down money but stepping back, ppps are higher than 2007 when my class year got paid like $50-75k more. (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20563101) |
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Date: April 27th, 2012 9:39 PM Author: Lilac idiot sneaky criminal yes but today there are literally thousands of people chomping at the bit for your jerb. in 2007, they couldn't get enough bodies. (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20563215) |
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Date: April 27th, 2012 10:01 PM Author: onyx mediation range If they were willing to take someone median at Fordahm or WUSTL then they would have had more than enough bodies, even in 2007. (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20563347) |
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Date: April 27th, 2012 9:24 PM Author: stirring plaza why are people complaining about a bonus when the base is 160k. (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20563123) |
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Date: April 27th, 2012 9:37 PM Author: cerebral naked brunch ratface because obviously they deserve to share in the increased profits of the firm- they are partners after all (http://www.autoadmit.com/thread.php?thread_id=1934561&forum_id=2#20563194) |