Asking for a friend: Associate attorney with 2290 billable requirement and $119,000 annual salary in the Bay Area in California. Reasonable?

funnylikesmarthelpful
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Currently working in industry, but I received a McK offer for an associate role with total comp slightly higher than what I would be making next year in industry (~$5-10k higher). The offer is in line with the associate level comp I can find online and I wasn’t able to negotiate for any more. Wondering if it’s worth it to accept from a personal development standpoint? In other words: current McK consultants - if it wasn’t for the money do you enjoy doing what you do/feel like it’s fulfilling? 🙏

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I have a fun but happy ending story. I moved to NYC and joined a very well-established bankruptcy practice. Felt confident about the fit. I worked my ass off. I did my associate duties. And Whether through luck, fate, or talent, I brought in a very large matter: over 1.3 million in billing. The firm waited until first month billing was approved by the court and then fired me (3 months fake severance). Gave me no compensation. Joined a new firm now. Taking the matter away with me. 🤣😂

likefunnyupliftingsmarthelpful
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How do you guys save money on an associate salary? I only make 80k, its so hard

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I have 2.2 YOE and about to be promoted to Associate @ 130k +10% bonus. How does that compare to market?

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First year associate in litigation offered an assistant in-house role for the construction division of a real estate development company. Asked to send an offer letter detailing my salary and benefit requirements. Don’t know where to begin. Any insight would be greatly appreciated.

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The managing parter told me yesterday that “It takes about one year before a junior associate makes the firm any money.” Do you think this is true? I’ve been practicing for 6 months, 1800 billable minimum. $75k salary. Small ID firm.

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My salary just got frozen @ 55.5k (SALT Tax, 1 year of experience). Should I start interviewing for other jobs? Worth it to stay 1 more year and “maybe” make senior? (PwC is 3 yrs to senior standard, 2 yr is early) I have a Master’s in Accounting, and have 1 more CPA test then I’ll be done. Not sure if I have a strong enough resume to receive decent exit opportunities as a first year associate. I’m about to have busy season again and work 60,70,80,90 hour weeks at my low salary. Please advise!!

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Now that flexing has become common: 31 year old senior associate, net worth of -$15k, salary of $80k, career in flames, renters destroyed my only property. AMA

likefunnyupliftinghelpful
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Any other campus hires here? I feel like we are underpaid compared to our associate peers with maybe more experience (understandably). Would staying internal to a firm keep me on the campus hire salary path or would jumping ship be the move for a big boost in salary?

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Am I being overworked/underpaid as a first year associate at a midsize firm in Chicago? ($67,5 salary, 2100 billable hours) it feels like a good starting point but I’m uprooting my life to start here

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Senior tax associate salary range?

likehelpful
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Have an offer for associate at McK as an experienced hire which I am grateful for, but bonus seems off from quoted norm. Details are 165k base, 30k sign-on, 7.5% retirement, but bonus is 15k annualized. Offer letter says this is rated at strong for first year and then will be re-evaluated. Is this a normal associate variable comp amount? Offer is in Ops service line if that matters.

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75k salary with 180 hours a month billable for a civil premier defense firm......seems a little low on $$$ for the billables ...I’m a second year associate ....any thoughts?

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I know this is going to sound tone deaf given the current state of things, but can anyone provide a range for what an associate consultant end of year bonus can range from? It's my first year.

funny
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I’m a 2nd yr associate at mck and thinking about decision to switch to big tech or remaining at the firm. Given my financial goals, comp is a key element in my plan. What’s the best way to think about this switch? Esp for a 3-5 year time horizon? When i see my MBA peers at big tech now, I feel they have better lifestyle AND pay.

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Recently got promoted from Associate to Consultant. Compensation went from $87K base $15K bonus —> $92K base and $20K bonus. How is that raise?

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I'm currently a Sr associate (post MBA) at a strategy firm but received an offer to work as a director at a marketing consulting firm. Comp is the same overall. thoughts on what should I do?

likehelpful
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For any attorneys who started at boutique/smaller firms - what was your salary as a First Year Associate?

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25 y/o. Been working for a startup for 2.5 years after graduating undergrad in 2017. Started as an intern. Salary for the first 2 years went from $55K to $78K. Now I’m at $95K and scheduled for a promotion to associate, salary expected to be $120-140K. I have no idea where I’m at in terms of relations to market (salary and progression)... can anyone at a BB help me out?

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