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My situation: I work at firm less than 50 people. Joined as a second year lawyer but was considered 1st year because I never did litigation before.
When I joined, HR told me that bonus is completely upon my boss (equivalent to partner) and firm owner’s discretion.
I expected something at least 3-5% to be honest even as merit based. Because my team earns a looot. But seems like that’s not the case LOL
No minimum required hours. But it’s not chilling.
My senior and my supervisor are on lodestar structure so their bonuses depend on revenue and hours.
So far I’ve received in total of about 1%.
Some recognition/appreciation bonus from the original owner.
And a little bit of Xmas bonus from my boss.
Not sure if there’s anything more either from old or new owner.
My boss (equivalent to partner) told me I would be moved to some kind of lodestar bonus structure starting 2025. But recently the firm got acquired by another owner so things can change.
My annual review is coming up. So wanted to learn some info.