4 YOE, received an offer to go from firm to in house as a product counsel at a non-faang tech company. What should I ask for as a signing bonus/what is market?

like
Posting as :
works at
You are currently posting as works at

Market for a signing bonus in-house is $0

likehelpful

They became common in the past 3 years.

like

10-25k, but some Legal depts pay zero. You're better off negotiating a higher base than a one-off payment. And you also dont want to come off as tone deaf.

like

This. Far better to get more base than signing.

If you have a specific basis for asking for the bonus you could ask for that number (ex, if by leaving the firm you are walking away from a bonus that would be paid out soon if you stayed).
Otherwise I’m not sure how market a signing bonus is and it may vary by company. I have had two in-house positions where a signing bonus was not offered (but the overall comp package was otherwise good).

like

Look at MLA's last two quarterly newsletters plus Lawyer Whispere's last blog post.

like

Lawyer whisperer is a bit inflated. Solutus own internal searches are lower than what they post.

I asked and got $0. I negotiated for higher base tho

like

what's your TC?

Signing bonus is code for “had a competing offer.” If this is your only offer, signing bonus expectations are $0. If not, it’s whatever the difference between the comp + 10 to 15k

Related Posts

Just discovered that I'm pretty significantly underpaid compared to the average salary for medical coders in my area. I'm planning on addressing this in my upcoming review, but I'm not sure how to go about it. Any advice?

like

Hey folks,
Please help me choose between following offers:
PwC audit - 36500 pounds - London
Kpmg audit - 31000 pounds - Manchester

Would 31k in Manchester give me more purchasing power than 36.5k in London, in terms of cost of living?

like

STERIS sterile processing traveling supervisor salary?

like

Hi I worked as a surgical Neurophysiologist. How much surgical Neurophysiologist make in Toronto. Is there any body have an idea about this

like

Any difference in Strategic/Business Planning vs Business Operations exits in terms of scope and expected TC?

like

Hi Fishes,

What will be the highest package for P2 role in LTI, how much we can expect for 3.7years of experience in LTI?

like

AVg base pay for post MBA Consultants at ZS London office?

like

Hello, I need advice on salary negotiations at my current employer. Got offered a HR management role @ $62k a year. The average salary in SLC is $73k. Someone less than 1 year of experience earns $69k. I’m also PHR certified and have 5+ years of progressive experience in all functions of HR. Anyone in the outdoor or sporting goods industry with a company size of 250-300 employees? TIA

like

I got this as offer from a company. Can someone pl help me out how much in hand will i get in this break up

Post Photo
like

Which one should I join societe generale or Accenture? Both give more or less same fixed and VP.

I know both are different and not comparable since one is captive and other is service based.

In terms of wlb, work from home flexibility, job security and career growth and other employee benefits, I need to choose one. Please suggest which is best with reasons or with your own experience.
Thanks!

like

Anyone see the FT article on pay raises? Nothing new but hoping this means Europe is next 🤞🏻

like

Hi Fishes,
What should be the salary for Manager / Sr Manager having 14+ yoe in project/product service operations? I am at 32 lpa which I think is quite low having worked with top consulting firms for close to 12 years.

like

I was hired like 4 months ago , as a civil engineering technician (with my degree) , i was so happy to accept any offer that i can get since it’s my first job after graduation and i have no connections in the field,coming from Canada to Michigan, and with zero experience outside my school, now after i got some experience and 2 certifications that my company needs, i feel i am under paid , and i got a very good offer from a competitor , plus i feel shy to ask my boss for a raise now any advice?

like

Comp call with D for Federal senior Cyber Risk consultant. 3yr experience, secret clearance. What should I ask?

smart

HI Folks,

Please help on the below. Got three offers.

PWC
Position: manager
18.5 fixed + variable (% not defined)
1.5 joining bonus

TCS
Position: C3B
25LPA ( Including variable ie: monthly, quarterly & incentive)

Oracle
Position: Senior Consultant
21 LPA (11% variable)
Hr confirmed that variable be 100% paid once in 6 months

Yoe: 11.10
Relevant yoe: 9.10
Oracle functional
Cctc: 13.8 (11.5% variable)

Please suggest which one to choose. Confused a bit. Priority: 1) Growth 2) wlb 3) Amount.

like

Can TCS give 14 LPA to a Software Developer having 2.10 years of experience?

Hi,
I have received verbal communication from recruiter that I have selected.
I also have received a closure mail from the recruiter sking for payslip/compensation letter documents.
Any Idea how long it takes to receive a formal offer letter.

like

Have an offer from McKinsey. However, based on the start date I was given, I will have to forgo a substantial bonus at my current firm. Any chance that McKinsey will boost my signing bonus to account for this loss? Will they just ask me to push my start date? Or will they say take it or leave it? Offer is for BA level if that matters.

like

How much do in-house attorneys make at a start up?

like

To lateral or not to lateral?

Second year junior associate.

Current: AmLaw Top 100
vs.
Lateral to: AmLaw Top 30.

New firm pays slightly higher salary but still below market.

Current: 1,900 billable
vs.
Lateral to: 1,800.

I’m very comfortable where I’m at. Firm culture and people are great with a solid work/life balance.

The potential new firm *seems* just as great, if not better. But, obvious emphasis on SEEMS.

What has helped y’all make a similar decision?

likehelpful

More Posts

Anyone working at Abbie willing to provide reference? Desperately need one

like

Fishbowl staff reading all of the failed DM attempts

Post Photo
funnylike

I just found out I have a disease with a high mortality rate and I’m only in my 20s and I just cried in my car after the doctors appointment. Is anyone else living with a life long disease or can give any words of encouragement? 😢

like

Anyone have good dentist recommendations in D.C.?

likehelpful

I’m here for some advice. My wife cares so much about what everyone else thinks about her, coworkers, family, total strangers, and everyone in between. It leads to her feeling so stressed and worried about being and appearing perfect so that others will think well of her. The really sad part is so much of those negative feelings are self generated since she puts so much pressure on herself. I do try to support and encourage her of course. I just wish she’d take it easier on herself

like

I recently received an offer from a well known org which is ready to give 100% hike from my current CTC.

I am having 3 YOE and current CTC is not sufficient enough to apply for work permit at onsite. Team lead said to wait for a couple of months then he will talk about early promotion and will try to get the opportunity.

Should I leave all other thoughts and accept the other offer as the process of early promotion and visa processing will definitely take a whole year?

What happens if you miss a day of training?

like

What’s the latest time you’ve stayed at work? And did you have a good reason to be there that late?

like

Hi folks I have a case study interview next week and will get the case a day before my interview. How does case study look like? Are they asking about my opinion on the case? I never had case interview and so nervous

like

what is max salary being offered to manager in Capgemini??

like

Hi, I work in TCS CTC: 3.36 LPA currently on notice period. I got an offer from a Capital advisor firm. They are currently working manually and want to transfer their system in IT. My role is to create cloud environment for their everyday data after that to clean, filter data. After that create a algorithm model. I have skills of ML and basic of SQL. They are going to provide me courses if I needed or provide me an intern. I will be the only IT guy in that company. Salary offered 5.5 LPA....

funnylikehelpful

Hi fishes,

Can anyone provide email template to send hr for re negotiation of salary based on counter offer

Thanks

like

How important is a 700+ score on GMAT for M7 schools? With 11 years of solid consulting experience, currently SM, but abysmal GPA (~2.5)

like
like

What’s your gender, age, & city? After dropping your info, respond to others in your area

like

How did you begin to implement equity and inclusion into your organization?

like

Hi fishes, i have cleared first round for Salesforce strategy. Can anyone of you give advice on what to expect in the coming rounds? Any tips to ace the interview. I really want to get through this

like

Hi all, what firms fully sponsor your mba and do you have to be there a certain amount of time before them paying for your whole mba?

smartfunny

Every time I listen to Qveen Herby, I feel like a badas$

like

How long have you been married? What do you love about your marriage? Any advice on what you have learned.

like

Additional Posts in In-House Counsel

What software do you use to organize files company-wide? What software do you use in general? Any resources are appreciated. Thanks guys! (I’m the only in-house lawyer).

Is there a type of in-house work that’s more focused on legal research/legal questions/dilemmas b/w law and ethics? Just finding commercial work to be boiling down to "be the literate person in a room full of people pretending to be illiterate"…

funnylike

Are there any in house entertainment roles that are particularly good? Netflix is obviously FAANG but I’ve heard the culture is cutthroat. On the other end of the spectrum, heard the traditional TV networks pay terribly. Any other options? What about in house music roles? Is that a thing?

like

How can I as a new associate counsel develop relationships with various departments in the company, including executives?

like

How long did your in-house job give you before you had to start? Was able to take 6 weeks in-between both big law jobs but I don’t think that’s the norm or acceptable for in-house. Thoughts?

like

How do folks generally go about finding and vetting selecting specialists? Referrals and personal network? Google? Hire an Esquire? Haven’t yet figured out a methodical system to consistently yield good results.

like

My company recently moved me to a new cubicle. However the new cubbies is so loud, I’ve asked to move and they have found a new cubicle for me but it’s in a worse location (by the bathroom). Should I ask for an office? I’m in my late 20s and have only been at the company a little over a year. Do other young in-house lawyers have offices?

like

Does anyone have a recommendation for some good privacy resources?

likehelpful

My background is in tech transactional. I joined a cybersecurity SaaS startup at the end of last year and now also handle more generalist matters in addition to all things commercial-related. I have a number of books on contracts that I’ve found super helpful over the years (The Tech Contracts Handbook, A Manual of Style for Contract Drafting, Sign Here, etc.). Can anyone recommend books they’ve found helpful for L&E matters, privacy matters, product matters, or marketing/advertising matters?

like

How long does it generally take to find a new role in house (for those already in house)? Obviously this varies a lot based on experience, practice area, how you came across your new job, but in general do folks spend just a couple of months looking? A year? Longer?

like

I have been a corporate lawyer at a large energy company for the past 5+ years. In light of the uncertainty in energy, I am considering a move to real estate. Has anyone done this before? How did you think about the different compensation packages in real estate (compared to a energy company’s pension, benefits, etc.)?

like

Anyone fully remote as in-house counsel? What’s it like? Are you comfortable sharing your company name? Asking for purely informational purposes and also because it sounds like a dream - companies should embrace it!

likehelpful

A global biotech is offering an AGC position with $400k all-in comp. My main concern is justifying that kind of salary while in house. I feel like in the next downturn they will go after the most expensive employees that don't increase the bottom line, so lawyers will be on the chopping block. For those of you in biotech/pharma - is my concern exaggerated?

like

Does anyone have any insight on base compensation for in house counsel at Deloitte? Trying to informally figure out whether an applicant’s reported income is within Deloitte’s range or if the applicant is just over inflating current salary in attempts to get a better offer. Thanks.

like

Anyone have any horror stories from failing to foreign qualify to do business in a state? All I see online are all the articles written by the filing agents trying to stoke the fear of non-compliance, but have never actually seen something bad happen in all my years of practice.

like