Corporate / M&A folks making moves over the last few months: Got an offer from a top 50 lockstep AmLaw100 firm. 4th year. Not NYC but in a market that was recently bumped up to the previous Cravath scale market. Base is obviously set. What should I expect / negotiate for signing bonus, year-end bonus eligibility, special bonus eligibility, etc.? Any other negotiation considerations? I would say leverage is on my side considerably.

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

I would ask for full bonus for meeting pro-rated hours (if there’s an hours requirement) and a 50k signing

likesmart

50-75k sign on and full year end bonus if your pro Rata hours meet the firm’s target.

like

agreed with above. also think about what kind of deals you want to be on, any BD roles, particular partners or other groups you want to work with…one can be pretty creative and even if they can’t make it come true they’ll at least know what you want and try.

As a follow-up, if I’m not using a recruiter, logistically how do I go about negotiating anything different from the offer letter? Do I call / email the internal recruiter? Do I call or email the partners I interviewed with who have told me to reach out if I have any questions or concerns? I’m in unchartered territory right now so any advice helps!

Related Posts

Hello Community,

I am interviewing for a senior consultant role in Salesforce practice at a big4 firm. What should I expect as a compensation?

like

Does anyone recommend working in high pressure better salary(WFH IC Engineer role in a relatively big Financial services firm, but working hands of on many things that builds pressure) vs

job 2 or atleast offer (Senior Manager 3 days a months in office( Banking firm) minimum, people manager for 24/7 infra operations teams and new project)taking a salary cut of 8k in base and with better WLb( hr) says so in interview. I am too confused. On job security we all know we can't guarantee anything.

like

I need out of the legal field for a job with independence, interesting and challenging issues to solve and a decent amount of pay. Halp!

like

What to you do when a recruiter emails you about jobs in another city (LA) and asks what you currently make (in Chicago) if you’re greatly underpaid?

Hi fishes
A known of mine with 8 years of experience in a leading US Bank industry got an offer from

EXL as AVP/Engagement manager at credit for fintech clients (42+5 LPA)

and

Accenture strategy as Manager in operations for banking (40+3 LPA)

Which one should he go for?
Any suggestions?

like

How are the hikes in fidelity every year? And do they pay out 100% bonuses? Are there any other perks?

like

Hi I am holding an offer from both Bdo rise and wellsfargo and the package is same 14 LPA. I am bit confused as the role eat bdo rise offering is quite good but not sure about the culture and other wlb in bdo rise Can anyone suggest which one will be good wellsfargo or bdo rise..

like

What is the avg CTC of C2 grade employee in Mindtree, having Yoe - 4.6 yr

like

5th September is my last working day at Infosys. Yoe=4+ yrs
Tech= aws devops
I hold an offer of 18LPA from KPMG with joining date of 7th September. (Wfh)
I applied at Workday on 15th May and went through 7 technical rounds of interview and received a verbal offer letter of 21LPA (hybrid)
Now apparently their technical panel "forgot" about the interview and wants to have a discussion again as 8th technical interview. HR says their joining date will be 19th September.

Should i join KPMG?

like

Hi all,
Wanted to know the range of salary for consultant specialist role? Yoe 10+

What would be the hike percentage for getting promoted from Associate consultant to Consultant?
Will I get the promotion percentage + year end cycle hike percentage (let's assume that I am getting 3 rating) or just promotion percentage?
YOE : 6+

I could use some advice on how I should handle this situation. I found out the other day another editor who started four months ago is making 8% more than I do. For context, I have been here for a little over a year. How do I approach my boss to inquire about a raise? Should I bring up that I know about my teammate's salary?

likehelpful
like

Hi Everyone, does anyone know the salary bands for SMs in tech consulting at EY London?

like

I have 5.8lpa with 3 years of experience 8n software testing, how much ctc can I ask?

like

If I got a raise for every micro aggression I’ve received while at my current agency, I’d be in a really high income bracket! Hah.

likefunny

BCG fishes: If you make a temporary transfer to another office for 12-24 months, will your salary (& taxes) come from the home office or the office that you transferred to?

likehelpful

Hi Fisher,
Please help in suggesting which is the best offer to choose and which company is best in terms of

1) Career wise
2)WLB
3) Appraisal
YOE - 4.7 years as Oracle Scm cloud functional consultant current ctc 12.7 L

Deloitte - 16 Fixed + 10% Variable + 2L
joining B
IBM -16.7 Fixed + 15% variable + 1.6L JB
Inspirage - 18 Fixed + 1L JB
Deloitte @IBM @Inspirage

like

More Posts

Anyone have experience working or interviewing with first republic bank? Thoughts, feelings, concerns?

like

What can be expected CTC for 7 yrs exp level 9 in Accenture for application devloper project role . Current CTC is 13.92

like

What are the different software programs I will need to know if I want to work in advertising/graphic design? Also, is there a way to learn them for free or cheap?

like

Anyone know if the wellness subsidy would cover an office chair? Or does D cover office supplies or nah? Looking to upgrade my home office. Thx!

like

Hi Guys,
I may have a better offer which could be shared only next week as approvals are in process , which offers me wfh option and a little better package and my joining in the next company LTI is on 8th Nov, I am unable to push the joining date to buy some time as HR denied on the same , please suggest me how should I tackle this situation as I’m more interested to join the one giving WFH ? Need inputs asap as I have to take a call today.

like

When scatterplots and utilization metrics have u down, then you talk to your fav PPD and she's like girl I got u 🎉🎁🎂

like

Tips for an upgrade in Vegas?

like

Bathroom smells of cig smoke and they can’t transfer me to another room till tomorrow. How many points?

like

Having trouble opening a new bank acc (eg Marcus by GS, Ally) as I‘ve only been in US for a few months and have no credit history. Any international fish have tips to circumvent?

Just checked in to a room at the Ritz. I found room service dinner, opened toiletries in the bathroom, and the bedding stripped. This seems like a major security issue.

Post Photo
likefunny

Do you prefer the Westin San Francisco, or the JW Marriott for leisure travel ? or any other Marriott hotels in San Fran?

Is citi provide any vouchers on Birthday ? And any alternative they giving for club Mahindra benefit ?

like

Damn I miss my life before the pandemics (the home office part can stay, though).

like

Manyata folks,

How about hanging out today at some nearby Biriyani restaurant?

Agenda: Just to socialize

funny

Friends, help me with 11 likes to start DM .. Thanks :)

like

Now I'm in a client location, My manager is a good person but he told me, I should report to Lead.

Lead is a psycho. He shows hell to the team members including me.
What should I do ?

like

Moving to London in September - looking for a place to live! Any recommendations on neighborhoods?

like

Would anyone from ZS have some time for a chat? Saw a job posting that is perfectly aligned with my experience and would love to learn more about the firm, and perhaps get a referral. Thank you in advance!

like

Is tin factory area safe to stay ? My office is in BWTC

like

Additional Posts in Corporate Transactional Law

Are there State/federal (or other laws) that govern the closure of a store? The entity owns other stores and will not be dissolving. Just shutting down one of its stores.

likehelpful

Anyone else at 2400+ and just dieing? I feel like I'm taking crazy pills over here reading these posts about being slow. West coast, egvc m&a and cap markets, top five by revenue globally. Is it really just our firm/office on an island?

like

Any PwC in-house attorneys in this bowl? I’m looking for some additional insight into a position I’ve been discussing with a recruiter.

like

Any firms in London hiring US qualified associates into their capital markets practice?

like

First interview at a biglaw firm. Just graduated and want to pursue transactional areas, no prior experience. I feel like I’m a risk of a hire in their eyes so any advice?

Does anyone have experience working for a ALSP? How does compensation work (pay and benefits)? Are you an employee or technically an IC? Do you have billable requirements like at a firm? How do you think it prepared you to potentially move in house? I'm currently at a firm but thinking of taking a position with an ALSP but my goal is to go in house.

like

Junior associate here, should I ask for more money if my firm is about 10-15 percent less hours but about 30 percent less pay? The gap will never be closed to the top pay scale at my firm but when I decided to come to this firm the pay difference was about 15 percent and not 30. Would appreciate any thoughts on how to go about bringing this up without pissing people off because I love the firm and do not want to leave

like

Anyone who has transitioned from M&A work to finance work, how has your experience been? I am considering a similar transition and would love to learn about any changes to your work/life balance, stress-levels, etc.

like

How do NYC big law real estate groups hold up during recessions? Are they one of the harder hit corporate groups or is there more stability?

like

My boss is asking me to “reconsider” the way I approach a client… I am in charge of this annoying corporate maintenance thing that we do for a client (I.e., making board of directors meeting to comply with some regulatory reporting required. I always end up missing deadlines. How would you reply?

like

Does anyone here work for Axiom or know someone who does and, if so, how difficult is it to stay fully engaged?

like

Tips for becoming more independent as you progress from junior to midlevel? I am starting to be put into the position of just having to handle things including drafting and could use some advice from others.

like

Anyone else having a very slow start to February?

like

Does anyone have insights into corporate group at Saul Ewing? Culture, pay etc.?

like

I recently left the gov’t for private practice with a M&A group. How does everyone bill when you are thinking about how to structure it and what docs need to get drafted? I’m learning that billing is an art so any canned language would be great!

likehelpful

What's the best place to find actual transaction precedents other than Edgar, assuming there is none within your firms database? Many thanks in advance!

like

Do any real estate lawyers out there know of/can direct me to a ROFO agreement to purchase commercial property? I’m working on one now (but using a ROFO to purchase equity interests as a basis) and would like to see what other people are doing. Finding a good one has been hard, as this kind of thing isn’t always required to be filed with the sec and every search I’ve done basically pulls up garbage. Also, are there any provisions you’d consider absolutely crucial from the owner’s side?

like

Anyone use charts for contract review? If so, what headings do you put in the first row?

likefunny

I have an asset purchase of a retail store transaction. Seller is keeping the second location. Seller is licensing the name from the buyer. The licensing agreement is supposed to contain provisions so that the seller cannot offer promotions or discounts that the buyer does not also offer (i.e., seller cannot undercut buyer's pricing). I know very little about antitrust. Can anyone give me some suggestions how to enforceably draft this agreement, or is this arrangement impossible?

like

Why provide redlines against the original draft instead of the last turn when sending drafts to opposite counsel?! This profession makes no sense.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal