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2014 Year End Bonus Predictions Thread
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Date: October 28th, 2014 3:01 PM Author: Floppy deer antler base For the Cravath lock-step peer group (i.e., most of Vault 20), I predict the same as last year. Although some are saying as much as a 25-50% bump from last year. What are others hearing or feeling? (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26603299) |
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Date: October 28th, 2014 3:04 PM Author: infuriating cheese-eating stage stock car 50% bump for Cravath, not everyone follows (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26603309) |
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Date: October 28th, 2014 3:26 PM Author: Floppy deer antler base Who do you predict will not follow Cravath from the V10 (copied below, excluding non-lockstep firms)? I would think all will follow, even a 50% bump. Although 50% would be AMAZING!! $$$$$
S&C Skadden DPW Weil Simpson Thacher Cleary |
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Date: October 28th, 2014 5:01 PM Author: infuriating cheese-eating stage stock car oh all those guys will. But the deeper you get into the v100 in large markets, the more differentiation you will see. the bottom wrung of PPP will not increase:
http://www.americanlawyer.com/id=1202654210561 |
Date: October 28th, 2014 3:08 PM Author: nighttime beady-eyed skinny woman my friend at WLRK said it will be 100% (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26603324) |
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Date: October 28th, 2014 3:10 PM Author: infuriating cheese-eating stage stock car what will (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26603336) |
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Date: October 28th, 2014 3:44 PM Author: nighttime beady-eyed skinny woman bonuses at WLRK will be 100% of base
has no bearing on the rest of us mere mortals |
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Date: October 28th, 2014 3:11 PM Author: lascivious marketing idea It must be better than the last few years - deal work has picked up significantly this year (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26603338) |
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Date: October 28th, 2014 3:14 PM Author: chocolate excitant gas station No source but my guess is 5 to 10k bump for juniors increasing to 25kish bump for mid-level. At some point retention had to become an issue for mid-level as so many have washed out (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26603357) |
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Date: October 28th, 2014 3:24 PM Author: Floppy deer antler base What year is mid-level? So you're saying c/o 2008 (sixth years, seventh years next year) may go from $40K to $65K? Seems hard to believe... (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26603436) |
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Date: October 28th, 2014 3:26 PM Author: dull massive temple cuck probably 50k (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26603463) |
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Date: October 28th, 2014 3:43 PM Author: Floppy deer antler base From $40 to $50 for c/o 2008 seems reasonable. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26603591) |
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Date: October 28th, 2014 3:36 PM Author: chocolate excitant gas station Mid-level is generally 4 to 6 year and 7 to 8 is senior associate. General feeling is that there's a small bump overall but mid and seniors get a little bigger bump since ite decimated future partner ranks, in house hiring a bit more these days etc (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26603546) |
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Date: October 28th, 2014 3:46 PM Author: Floppy deer antler base Seems reasonable. And there are far fewer mid and senior associates, so the extra $ doesn't cost the partners much. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26603617) |
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Date: October 28th, 2014 4:53 PM Author: Sooty Friendly Grandma Indian Lodge lol, no (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604046) |
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Date: October 28th, 2014 5:06 PM Author: chocolate excitant gas station Explicate Is my firm unique in that mid-levels are pretty thin? Agree bonuses have been flat lately but likely to turn around eventually |
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Date: October 28th, 2014 5:07 PM Author: Sooty Friendly Grandma Indian Lodge there's an interesting conundrum going on right now in that M&A activity is way up but litigation is way down. i think firms are just shifting more attorneys over to corporate and will keep bonuses the same. my firm has had no problems hiring midlevel laterals when needed (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604123) |
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Date: October 28th, 2014 5:11 PM Author: chocolate excitant gas station Corporate work drives the bottom line at firms, doe (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604143) |
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Date: October 28th, 2014 5:16 PM Author: milky striped hyena stage is litigation verifiably down? i just thought the top work was clustering more as GCs kind of woke up one day and asked how it was that Kramer Levin type firms thought they could charge the same rates as V20s. also more and more upstart boutiques w/ lawyer rosters easily as good or better than lots of biglaw firms. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604180) |
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Date: October 28th, 2014 5:19 PM Author: Sooty Friendly Grandma Indian Lodge i haven't seen any data, but i get the sense from talking with friends at other firms that lit is generally down but corporate is up. obviously, lit is never going to be down at top lit boutiques and places like Boies or Gibson, but i'm not sure how much work these places take away from middling biglaw firms (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604193) |
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Date: October 28th, 2014 5:25 PM Author: milky striped hyena stage there was definitely a flight to quality following ITE that put a hurt on a lot of V75-100 type firms lit depts. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604222) |
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Date: October 28th, 2014 5:09 PM Author: milky striped hyena stage cravath doesn't give a fuck and if everyone just matches cravath, no one is disadvantaged from a retention point of view. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604138) |
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Date: October 28th, 2014 5:13 PM Author: chocolate excitant gas station Thought banks raised salaries lately? Also in house picking up We are united from a reel big fish point of view though |
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Date: October 28th, 2014 5:18 PM Author: milky striped hyena stage 241, bro (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604186) |
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Date: October 28th, 2014 3:27 PM Author: lascivious marketing idea Can someone remind us what the Cravath scale has been for the past few years?
tyia |
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Date: October 28th, 2014 3:44 PM Author: Floppy deer antler base Here you go.
Class of 2013 — $10,000 (pro-rated) Class of 2012 — $10,000 Class of 2011 — $14,000 Class of 2010 — $20,000 Class of 2009 — $27,000 Class of 2008 — $34,000 Class of 2007 — $40,000 Class of 2006 — $50,000 Class of 2005 — $60,000
So updated for this year, it would be:
Class of 2014 — $10,000 (pro-rated) Class of 2013 — $10,000 Class of 2012 — $14,000 Class of 2011 — $20,000 Class of 2010 — $27,000 Class of 2009 — $34,000 Class of 2008 — $40,000 Class of 2007 — $50,000 Class of 2006 — $60,000
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Date: October 28th, 2014 4:49 PM Author: Aromatic Kitty Cat Center My prediction is it stays the same if only because CSM has not, as least based on the league tables, had a remarkably good year and none of S&C, Skadden, STB are likely to lead given CSM has given them cover to lowball for a few years now (DPW never leads and none of the other firms that pay market bonuses are considered possible leaders). M&A is way up this year, but CSM has lost some of the pie is my sense. M&A drives a lot of the other practices and is the best barometer. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604022) |
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Date: October 28th, 2014 4:58 PM Author: Floppy deer antler base This would be a terrible outcome and would fiercely hasten attrition at mid and senior levels. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604078) |
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Date: October 28th, 2014 5:05 PM Author: Sooty Friendly Grandma Indian Lodge maybe for M&A, but where are the litigators going to go? (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604113) |
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Date: October 28th, 2014 5:14 PM Author: Floppy deer antler base Litigation doesn't drive profits. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604164) |
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Date: October 28th, 2014 5:20 PM Author: Sooty Friendly Grandma Indian Lodge profits don't drive bonuses. partners are going to look at associate hours averaged across the entire firm, see they are basically the same and pay the same bonuses (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604196) |
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Date: October 28th, 2014 6:38 PM Author: Floppy deer antler base Hours drive profits, but litigation has big discounts and M&A has big premiums. Busy M&A like we have now drives increase in profits and increase in bonuses in typical times. But who knows in the "new normal" ... (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604628) |
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Date: November 7th, 2014 11:00 PM Author: Aromatic Kitty Cat Center That was true before ITE, but litigation is a huge percentage of revenues (some more than 50% if you believe citi) at a lot of top firms. It is easier to keep litigators working high hours than corporate people due to the ebbs and flows of deals and the market generally. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26671762) |
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Date: October 28th, 2014 3:29 PM Author: Grizzly Talented Range Headpube Conspicuous absence of KIRKLAND SHATTERS ITT (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26603492) |
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Date: October 28th, 2014 3:51 PM Author: nighttime beady-eyed skinny woman i love that post that went something like this:
Class of 2014 — SHATTERS THE MARKET
Class of 2013 — SHATTERS THE MARKET
Class of 2012 — SHATTERS THE MARKET
Class of 2011 — SHATTERS THE MARKET
Class of 2010 — SHATTERS THE MARKET
Class of 2009 — SHATTERS THE MARKET
Class of 2008 — SHATTERS THE MARKET
Class of 2007 — YOU'RE A PARTNER |
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Date: October 28th, 2014 4:55 PM Author: exhilarant silver site they left off on 2007 "and you are making the same money as a senior associate at any other large firm" (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604057) |
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Date: October 28th, 2014 5:17 PM Author: Startled 180 old irish cottage laser beams Isn't it 2008 (you're a partner) now? (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604184) |
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Date: October 28th, 2014 5:14 PM Author: Aphrodisiac out-of-control pit azn SPRINTED into this thread hoping against hope that bro had returned (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604165) |
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Date: October 28th, 2014 5:52 PM Author: Grizzly Talented Range Headpube me too :( (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604366) |
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Date: November 7th, 2014 11:00 PM Author: violent hunting ground round eye He went pumo (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26671759) |
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Date: October 28th, 2014 4:50 PM Author: Startled 180 old irish cottage laser beams about $150k at my firm (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604028) |
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Date: October 28th, 2014 4:57 PM Author: Bateful bearded tanning salon dragon about $935,000 for 2011 grades and -100k for all less (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604068) |
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Date: October 28th, 2014 5:00 PM Author: milky striped hyena stage i predict earl will be mad as fuck (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604086) |
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Date: October 28th, 2014 5:02 PM Author: chocolate excitant gas station I know everything sucks yeah (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604098) |
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Date: October 28th, 2014 5:08 PM Author: milky striped hyena stage this def won't be the last time we hear earl complain. ironic that he lives in OC? (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604128) |
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Date: October 28th, 2014 5:02 PM Author: Sooty Friendly Grandma Indian Lodge it's going to be the exact same as it was last year, you morons (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604101) |
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Date: October 28th, 2014 5:04 PM Author: Confused fat ankles lodge LJL biglawyers working 10000% harder than most professions and not getting appropriately comp'd (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604109) |
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Date: October 28th, 2014 5:08 PM Author: chocolate excitant gas station Do u think if we apologize to latham they will give us 190k (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604132) |
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Date: October 28th, 2014 5:29 PM Author: Boyish gaming laptop dear bob dell, sorry for getting my organs on ur scythe, ill not to flinch next time so u get a nice clean cut (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604238) |
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Date: October 28th, 2014 5:07 PM Author: Aqua home generalized bond (poasters who dont work at BOIES)
LJL. enjoy your bonus watch |
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Date: October 28th, 2014 5:11 PM Author: milky striped hyena stage LJL i remember when they were begging median kids to be 1L SAs (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604144) |
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Date: November 2nd, 2014 1:06 PM Author: Indecent digit ratio newt How do you know a 1L sa will be median? Dont they hire before there's any grades (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26633104) |
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Date: October 28th, 2014 5:08 PM Author: Amethyst Territorial Stead Pozpig Probably the same it has been for the past however many years (6?) it hasn't changed a fucking bit, even though this has been a great year and PPP will be up across the board at V20s. We increasingly are living in a winner-takes-all world. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604130) |
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Date: October 28th, 2014 5:10 PM Author: Sooty Friendly Grandma Indian Lodge (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604139) |
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Date: October 28th, 2014 5:12 PM Author: Confused fat ankles lodge partners have no reason to give more to associates because they are fungible breh (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604148) |
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Date: October 28th, 2014 5:21 PM Author: Amethyst Territorial Stead Pozpig Senior associates at top firms aren't really fungible. There is a big difference between the performance of a star and the worst associate on the floor in terms of hours, reliability, and work quality. (Shitty associates almost never get to work with the top partners, do depositions, run deals, etc.) There are also transaction costs to replacing associates like recruiter fees, lost time/hours while these new people learn relatively complicated internal systems/procedures, potential client issues, etc. The problem is that the "professional" nature of biglaw-including ethics/conflicts rules-makes quitting without another sure thing lined up nearly impossible. I guess this is all to say associates aren't fungible, but that they would have to be pretty severely underpaid before they considered walking out. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604203) |
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Date: October 28th, 2014 5:23 PM Author: Sooty Friendly Grandma Indian Lodge there are a lot of shit senior associates at my firm who somehow don't get fired (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604215) |
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Date: October 28th, 2014 5:26 PM Author: Amethyst Territorial Stead Pozpig I agree V20s keep a lot of shitty senior associates around (who make them plenty of money), but that is because the good ones are vital to keeping the place running and it actually is hard to replace them on short notice/not worth the cost of making a mistake and letting a good one go. You never see the shitty ones working with top partners and a good senior associate leaving can actually piss off a partner as they need people who have experience managing their work flow. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604226) |
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Date: October 28th, 2014 5:16 PM Author: Aphrodisiac out-of-control pit azn what does cravath give to a fourth year? (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604176) |
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Date: October 28th, 2014 5:19 PM Author: Startled 180 old irish cottage laser beams hemorrhoids?
thinning hair?
20 lbs in the mid-section? |
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Date: October 28th, 2014 5:24 PM Author: Aphrodisiac out-of-control pit azn heh ED |
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Date: October 28th, 2014 5:45 PM Author: Confused fat ankles lodge roflmao cr (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604328) |
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Date: October 28th, 2014 5:32 PM Author: vibrant avocado house 7500 (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604253) |
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Date: October 28th, 2014 6:38 PM Author: Frozen Church International Law Enforcement Agency it is amazing to me looking through this thread how standards have changed. now a ~$50k bonus for a c/o of 2007 would be considered a nice bump. in 2007, c/o of 2006 got paid a $45k bonus and the senior associates were getting $110k. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604629) |
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Date: October 29th, 2014 11:46 AM Author: Floppy deer antler base Any bump at all will be nice. Probably no bump at all though. As others said above, top firms aren't as busy as people think. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26608533) |
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Date: October 31st, 2014 1:07 AM Author: razzle market they are insanely busy (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26619215) |
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Date: October 30th, 2014 11:54 PM Author: Cobalt Submissive Roommate fuck you. seriously.
you don't think everyone in this thread knows that bonuses have dipped. keep your fucking trap shut. |
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Date: October 31st, 2014 12:29 PM Author: Frozen Church International Law Enforcement Agency you sound ir8. maybe you should stop billing so much for a measly bonus and leave. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26620751) |
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Date: November 17th, 2014 11:41 PM Author: Filthy Exciting Forum (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26741616) |
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Date: November 7th, 2014 11:01 PM Author: Aromatic Kitty Cat Center Inflation adjusted senior associate comp in 2007 would be $430k now. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26671771) |
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Date: October 30th, 2014 11:50 PM Author: Sooty Friendly Grandma Indian Lodge Law360, San Diego (October 27, 2014, 3:50 PM ET) -- While BigLaw profits are slowly climbing in 2014, most associates should expect their year-end bonuses to stay flat, experts say, as lateral hiring remains sluggish and top firms aren't forced to pull out the stops to retain talent.
Legal industry consultants say the market is the healthiest it's been since the financial crisis but there is still an overabundance of law school graduates, making it difficult for associates to squeeze extraordinary bonuses from their firms. |
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Date: October 31st, 2014 11:19 AM Author: Floppy deer antler base Ouch. Written by biglaw for biglaw. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26620438) |
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Date: November 7th, 2014 11:02 PM Author: violent hunting ground round eye Legal industry consultants say the market is the healthiest it's been since the financial crisis but there is still an overabundance of law school graduates, making it difficult for associates to squeeze extraordinary bonuses from their firms.
This is some TTT analysis |
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Date: November 12th, 2014 3:52 PM Author: Sooty Friendly Grandma Indian Lodge seems basically sound to me. basic supply and demand: there's a huge supply of fucking morons who went to law school between 2007 and now. therefore, they are easily replaceable (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26703253) |
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Date: October 31st, 2014 1:02 PM Author: azure disrespectful tank goal in life My firm is understaffed as it is and literally everyone is looking for a new job. If bonuses are the same this year that they've always been it's going to be a disaster for the partners. On the other hand, I'm not sure even big bonuses would convince most people to stay. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26620888) |
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Date: October 31st, 2014 1:08 PM Author: lascivious marketing idea I get 2-3 calls and 4-5 emails from recruiters a day looking to poach me from my firm - this may be in part due to my seniority, but feels like a stark departure from 1-2 years ago (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26620923) |
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Date: October 31st, 2014 1:59 PM Author: Iridescent Coffee Pot Boistinker 90% of those calls are for jobs at other firms which are paying the same. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26621215) |
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Date: November 1st, 2014 9:04 PM Author: nighttime beady-eyed skinny woman bigger bonuses in a way should reduce lateral associate moves b/c associates often give up accrued bonus for that year. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26629518) |
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Date: November 4th, 2014 10:24 PM Author: lascivious marketing idea this is why there is always a flood of departure emails right after bonuses are paid (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26650093) |
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Date: November 4th, 2014 10:31 PM Author: plum medicated scourge upon the earth gaping That means the bonuses actually worked..... People stuck around until they got them....
Hard to measure how much they also get people to stay year after year, but I don't see people leaving right after as a sign of bonuses being ineffective |
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Date: November 12th, 2014 12:38 PM Author: Iridescent Coffee Pot Boistinker Sort of, but we are talking people staying an extra couple months. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26702174) |
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Date: November 4th, 2014 10:18 PM Author: plum medicated scourge upon the earth gaping Mine is similarly understaffed...
I think a significant increase is possible for mid and senior associates. |
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Date: November 5th, 2014 10:47 AM Author: Floppy deer antler base Sweet! Already spending the increase! (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26653353) |
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Date: October 31st, 2014 11:53 PM Author: insane wine hospital I'm not feeling a sense from firms that there's a need to raise bonuses this year. I don't see Cravath doing it - their business hasn't rebounded as much as some other firms and I don't think they have an appetite to be aggressive. There are a handful of other firms that could try to jump them, but the other firms know that their direct competitors will match so it will just cost them all money and won't give them a competitive advantage. There's also still a feeling that associate comp got raised too far in 2007, right before the financial collapse, and it will still be a while before inflation erodes it back down to a more reasonable level. (Reasonable being in the eye of the beholder, of course.) And the biggest driver is that supply still exceeds demand, which will limit attrition and keep a steady supply of new associates coming in. All of this says to me that Cravath will announce bonuses at the same level as last year and everyone else (except the usual outliers - e.g., Wachtell and Boies) will fall into line. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26624363) |
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Date: November 1st, 2014 1:20 AM Author: Aromatic Kitty Cat Center I said that above. The associate attrition problem won't be solved with more money. There are NO juniors or mid levels especially in corporate. People who survived ITE are rare as hens teeth and any 2-5th year can pick up the phone and have another job in an hour if they have too much work or are unhappy. No amount of money is going to fix that. Only when the bigger SA classes of the last couple years work through will it fix itself and then only if some current mid/seniors stay. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26624712) |
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Date: November 12th, 2014 3:57 PM Author: Sooty Friendly Grandma Indian Lodge the reverse is true in litigation, at least at my firm. there are too many juniors and midlevels. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26703275) |
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Date: November 14th, 2014 12:51 PM Author: Aromatic Kitty Cat Center You must be at DPW. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26715630) |
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Date: November 4th, 2014 10:30 PM Author: Bossy station circlehead (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26650175) |
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Date: November 4th, 2014 10:33 PM Author: plum medicated scourge upon the earth gaping Estimate of class year / firm rank / hours?
I'm hoping for 60k.... Which would be a noticeable but not huge bump I think |
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Date: November 4th, 2014 10:45 PM Author: Bossy station circlehead (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26650345) |
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Date: November 4th, 2014 10:48 PM Author: plum medicated scourge upon the earth gaping Holy shit, that would be top 1% of associates at my v50 (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26650371) |
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Date: November 7th, 2014 10:57 PM Author: Concupiscible dead mediation fortuitous meteor Class of 2014 — $12,500 (pro-rated)
Class of 2013 — $12,500
Class of 2012 — $15,000
Class of 2011 — $25,000
Class of 2010 — $35,000
Class of 2009 — $45,000
Class of 2008 — $55,000
Class of 2007 — $65,000
Class of 2006 — $75,000
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Date: November 7th, 2014 10:58 PM Author: Aromatic Kitty Cat Center That would be a nice bump. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26671748) |
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Date: November 8th, 2014 1:02 PM Author: Floppy deer antler base This actually makes a lot of sense. $15K bump for senior associates and the rest get smaller but still appreciable bumps. And the scale just looks right. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26674510) |
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Date: November 12th, 2014 11:33 AM Author: Floppy deer antler base Getting close to Tgiving!!!! (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26701839) |
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Date: November 12th, 2014 11:38 AM Author: lascivious marketing idea When are bonuses usually announced? (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26701855) |
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Date: November 12th, 2014 3:48 PM Author: Floppy deer antler base Monday after Tgiving ... so December 1st. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26703227) |
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Date: November 12th, 2014 11:41 AM Author: Amethyst Territorial Stead Pozpig I will bump this thread when idiots are wrong re: Cravath changing anything. Bonuses will be the same as last year. Biglaw has forever changed for the worse. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26701864) |
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Date: November 12th, 2014 12:00 PM Author: Iridescent Coffee Pot Boistinker We have the same thread every year. BUT DEALWORK HAS PICKED UP! There would be so much attrition! And its always the same. PPP drives everything. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26701958) |
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Date: November 12th, 2014 12:24 PM Author: purple wild halford ppp is record levels bro (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26702088) |
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Date: November 12th, 2014 12:39 PM Author: Iridescent Coffee Pot Boistinker Remember who you are dealing with. There are always more pennies to shake out of the piggy bank. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26702185) |
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Date: November 12th, 2014 3:59 PM Author: Sooty Friendly Grandma Indian Lodge (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26703290) |
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Date: November 14th, 2014 12:48 PM Author: Aromatic Kitty Cat Center American lawyer says PPP at top firms is up 17% year over year for the first nine months of 2014. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26715607) |
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Date: November 14th, 2014 2:39 PM Author: Floppy deer antler base I now predict the following for c/o 2008, 2007 and 2006:
2008: $60K 2007: $75K 2006: $90K
A 50% increase over the last several years. |
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Date: November 17th, 2014 10:58 AM Author: Floppy deer antler base Merger Monday today ... $100 billion between Actavis and Halliburton deals (although Cravath had no role in either). Got to be good as law firms sit down to discuss year end bonuses. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26736908) |
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Date: November 17th, 2014 11:12 AM Author: flushed personal credit line quadroon ljl @ partners taking the most recent front page merger into account when discussing bonuses. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26736954) |
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Date: November 17th, 2014 11:34 AM Author: Floppy deer antler base Why wouldn't they take into account the $$$ coming their way and the associates who worked so hard to help make it happen? LJL at you. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26737051) |
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Date: November 17th, 2014 11:59 AM Author: Aromatic Kitty Cat Center That would be outstanding, but it is not going to happen. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26737161) |
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Date: November 20th, 2014 1:45 PM Author: vigorous nursing home idiot lolno. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26757981) |
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Date: November 18th, 2014 11:52 PM Author: Aromatic Kitty Cat Center M&A is supposedly been the best year since 2007. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26748377) |
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Date: November 19th, 2014 10:12 PM Author: Bossy station circlehead Bump for biglol partner. (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26754656) |
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Date: November 20th, 2014 1:39 PM Author: Floppy deer antler base Getting close now. One week from Monday we will know how big the BUMP is!!!!!!!! (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26757945) |
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Date: November 21st, 2014 11:24 AM Author: nudist provocative locale antidepressant drug http://blogs.wsj.com/law/2014/11/21/simpson-thacher-launches-bonus-season-with-some-big-numbers/ (http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26764851) |
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Date: November 21st, 2014 11:26 AM Author: vibrant avocado house 2000: 125 + 45 2014: 160 + 15
14 years for a 3% bump! |