Anyone at Foley Hoag? I’ve heard conflicting info on bonus. Is it full market bonus at 1850? I was told by a friend that it wasn’t market bonus until like 2000 or something, but someone on here said 1850.

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I’ve been out of the game a while, but in my experience half of the biglaw firms who have billable requirements under 1950 actually mean “we have a small, ‘we’re disappointed in you’ bonus that we’ll give you if you hit [1800], and if you do it twice in a row you’re fired.”

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This was my thought.

It’s not full market bonus until 2000.

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First years get 15k. After that, each bonus is one year behind what the full BL market bonus is for that year. For example, a 3rd year associate would get what a 2nd year would normally get, a 4th year would get what a 3rd year would get, etc. Just look up Big Law Investor for that scale.

They also give out reduced bonuses if you fall within 1700-1849 as long as you “align with expectations” (I think the bonus is around 70% of the full bonus, but don’t quote me on that.) I haven’t heard of another firm that does that. I don’t know if they’re going to keep that policy in an economic downturn, but I think that’s great.

FWIW, I’m very happy at Foley. The culture genuinely strikes a great WLB. It’s definitely still BL hours/workload, but you still can have a life.

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It’s full market bonus at 1850. Looks like they are contemplating changing that to 2000 though.

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