5th year associate, 1 year at my current firm wondering what my expectations should be for my bonus/raise. HCOL, large multi state firm. Any insight is appreciated!

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There should be a firm policy that lays this out; there is such variability outside of Biglaw that no one here can answer this for you. My 5th year I was in house and received a $37k bonus. My pay went from $185k to $191k. The year prior at my last firm I received a $10k bonus for 1800 hours with a small raise. Some firms give big bonuses, some give small bonuses. But there should be a clear process with your firm to review.

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Thank you for the insight!

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My old firm was midlaw. My base comp got cut if I was under target hours. Bonus for exceeding target was small. Less than PC1 for hitting 1800. There’s a lot of spread, and the biggest driver will be what your firm can pay you and your peers without losing you to the shop across town.

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