Curious to know what other firm's bonus structures are, particularly those with 1900 billable requirement and below. Trying to figure out if my firm's structure is the norm or if the associates are getting screwed.

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

If you qualify for your bonus they are screwing you. Because you are working too hard

likefunny

My firm (1900 requirement) does a black box. So no one really knows how bonuses are calculated. It’s crap.

like

1950 billable requirement
If you hit 2050 you get 5% bonus
If you hit 2150 you get 10% bonus
There’s also a merit aspect up to 10%, but it seems to be reserved for those that do not hit the above. If you hit the tiered bonuses you don’t expect much from the merit side.

likehelpful

Current plan: 2000 hrs to hit bonus, based on seniority but 20k/40k/60k (potentially merit at 2100 and other big benchmarks), 100 nonbillable hrs (pd/bd)

Old plan: 1850 to hit bonus (I forget the amounts but something like 4k/6k/8k or something), lump bonus at every 50 hrs above. 4k/5k/6k I think, 300 nonbillable hours

like

Related Posts

Anyone know what a good hourly rate for a lead content strategist in Austin would be?

like

Thoughts on joining ZS at AC level
versus Deloitte Human Capital Consultant level
versus capgemini Sr consultant in workforce transformation?

Total comps? Culture? Career advancement?

like

How much salary does delta airline offer for senior SDET with 5years of exp.
CCTC: 15LPA

like

How is Data analytics at PWC gurugram office? or PWC india in general.

YOE- 2years - What can I expect the ctc to be?
Current CTC- 9.5 LPA

like

I am having offer from Tejas network and Radisys. Which one should i join?
YoE - 11 years
Radisys is offering more.

like

Any idea fishes on what's the last client round in EY Parthenon for Deals Strategy - is it a experience discussion/fitment or a proper technical round.

YOE: 8 years
Poaition: Associate Manager

And what's the salary one can demand??

like
like

What does comp look like for PE ops associates?

like

What is average CTC for Scrum Master with 13 years experience in IT and 5+ years as scrum master

like

EY or Deloitte or Macquarie Group ?
Which would be better to join?
Domain: Banking and Finance.
Package same, location same.
Experience 7.8 years.

I'm getting a MAcc to career change to forensic accounting. What opportunities are available to me with a data analytics heavy MAcc? I'm also tacking on 2 graduate certificates in Applied Statistics and International Economic Policy? For those in the field, would that be useful or not useful (i.e. waste of time)? I'm interested in investigations but also analytics, financial modeling, and expert witness services. Throw in salary potential for bonus points. I'll be getting my CPA, CFE, and CAMS.

like

I have been an assistant manager at a retail store for a year and a half. This chain has about 60 stores. I get paid hourly. What is a fair hourly wage for an assistant manager position ima store of this caliber?

like

What is expected CTC for lateral hires for PWC AC for the position of guidewire business analyst ? Total YOE-7..5 as BA, 2 as others.

like

I’m looking to hire a producing FA in the Allen, Tx.
Must be self motivated and willing to earn CFP.
Base salary provided the first year.

like

Please help him with referrals.

Correction: TC 51.3 has 15% variable.
Experience: 11 years (Marketing & Brand Manager)

Location: Bengaluru, Karnataka

#mba #marketing #branding #layoff

Post Photo

What’s the standard pay for a Sr Data Analyst?

like

I have 2.5 year experience in dot net technology. Now I am looking for change. My current ctc is 6lpa. how to prepare for dot net interview. Can anyone pls guide me Tata Consultancy Accenture India Capgemini Cognizant Mindtree GlobalLogic Nagarro . Thanks in advance

like

Hi all,
How much one should get for 6years of experience with Java backend with microservice and hibernate ?

More Posts

With the way the economy seems to be going/progressing, what do you see as the future of fintech? How will it be impacted by a potential economic downturn?

like

Currently staffed on a project near Reading, anyone up for dinner one of these days?

like

Hi Fishes,

I have received an email from HR that you have been selected at citi and asking to send few documents like id, salary slip,few other forms that need to filled and scanned. It does not have compensation offered in any of the attached document. Can you help when they will release compensation offered part? What will be the further process? Will they call me and discuss? How does it go in citi?

like

I’m still trying to process seeing an agency exec well known for dismissing and ignoring POC held up as an exemplary diversity champion for women at the 3% Conference.

likesmart

Does ey file premium for h1b renewal? My h1b expires end of Sep this yr. Was planning to reach out to EY Law to kickstart process in May. Is that reasonable?

like

Anyone on here working/worked at Moderna Norwood location? What are you experiences and do you recommend? Are there any “buts” or red flags?

like

Hi guys
Has anyone attended
Nike for penetration testing role?
Need your inputs on something

Nike

like

Hired as SA1. if my utilization is low for round table but I’ve gotten good Snapshots will I go up to SA2 or SA1B, which I don’t want of course.

like
like

Passed the CIA. 🍾 I'm rolling deep in the letters... CPA, CFE too. What should I do next?

like

Anyone work in the Healthcare industry? I'm looking into joining Healthcare. I'm currently a Senior in tax compliance.

like

They want to see you do good but not better than them...

likefunny

Can you get fired for having low utilization as a senior? My billable hours this busy season have been much lower than my peers.

like

If anyone needs bschool admissions interview help, feel free to DM me. I’ve helped dozens of candidates get into their top choices over the years and feel like I can help a lot more of you based on the questions being asked. Not offering pro bono services but significantly discounted. Hmu!

likehelpful

Hi everyone. I’m trying to transition from working at a non-profit to a more profitable position within research. My current title at my org is as a CR-assistant. Any suggestions of good transitional positions within clinical research? (That could be done remotely). Thank you!!

How safe is this company in terms of work life balance ? Employees centric values ? How safe you feel working in NTT data during this recession / About to come recession?

like

What is the maximum pay for Senior Consultant band C1 in CG

like
like

Anyone down to practice case this weekend. Have an interview early next week.

like

Additional Posts in Millennials in Law

Anybody else quiet quitting just until Christmas bonus time?

like

I’m a new third year associate working at a satellite office of a midsize firm. I feel like there aren’t enough hours in the day to truly get good at my job or the multiple areas of law I’m asked to practice. What are some things you’ve done to gain confidence in your practice area?

like

Partner keeps telling me (2nd year) that I need to get better at using staff like paralegals to reduce client costs.....but doesn't realize that the only paralegal allocated to my group has been with the firm for 30 years and bills 1.5x higher than me.

funnylike

Does anyone else's firm use dictation phones? I have to use them so our secretaries can enter in our time but I cant stand it. Feels like i'm a lawyer in the 80s or 90s...

like

Okay. Possibly a stupid question BUT Imma ask anyway.

Can someone just explain how you plan out how much to bill so you can make sure it’s not a mad scramble at the end of year? I’m moving from a firm where I was lacking in any kind of mentorship. No one ever just sat down and explained the most efficient way to track/measure your hours to confirm that you are on track.

Is there just a secret excel spreadsheet that all lawyers have and I just missed the memo???

HELP.

like

Motions
I work in a midsize firm and we have the basic subscription to westlaw, which doesn’t include the ability to see filed briefs, motions, etc without incurring additional costs. I’m wondering if there is a service in the NJ/PA area that gives you access to previously filed motions and briefs? So if I’m drafting a summary judgment I could search the service and find a similar one. If this doesn’t exist.. I think I found the next million dollar idea lol

like

I’ve been negotiating a settlement on behalf of a client. OP is a major corp. we’ve gone back and forth for months, almost a year. Finally came to a final agreement and we’re reviewing for final signature. Then client is reviewing and decides they want something else modified. It’s a point of contention. OP has said no. Should I communicate this to client before pushing back against OP’s rejection of the mod?

like

What are things to be mindful of when becoming an equity partner?

like

When will I find my passion? I’m a criminal prosecutor chasing PSLF (5 years left). I am just not that into it. My wife is a teacher and loves her job so much she could work 16 hour days. I am jealous. My passion is my family and my job is just a paycheck. How can I figure out what I really want to do? Do I want to get that obsessed with work? Help!

like

Anyone able to provide info on market comp for biglaw 5th-year in the Midwest (non-Chicago)?

like

I just sent a work-related message to a person that’s staffed with me in a deal. I’ve become what I swore to destroy.

Post Photo
likefunny

Nothing like the named partner who you *know* is actively opposed to associate salary increases (despite living in a market where the COL has significantly risen and outpaced general inflation) telling you about how annoying it is to winterize her 4 mega luxury sailboats she has on her waterfront dock. 🙄

likefunnyhelpful

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

I'm in district court right now and the judge is insisting on reading his entire opinion, CITATIONS AND ALL RIGHT NOW, with the litigants just...sitting here. Send fun memes.

likefunny

Anyone else feeling the whiplash of following supreme court drama and then going to work the next day pretending like half your rights aren't up for debate?

like

When did you know your firm wasn't right for you? I'm not sure if it's just the stress of being a new attorney with a family or if my job isn't the right fit. I work in civil litigation and am consistently below my billables. I can't stay late because my kids need me and I can't work on the weekends because I have to maintain my house and take care of my kids. I'm being constantly told to work harder, stay later, etc but it's not practical. Or am I not approaching this with the right mindset?

like

Any tips on leaving a firm “correctly”? Was about to go “of counsel” with my firm of 6 years, but then another firm whose partners I really respect (and personally like) offered me a partnership position. I predict my current bosses will *flip* (cut off file access immediately, try to beat me to calling my clients, etc.), so how do I set myself up for a successful transition?

like

What are the bowl’s thoughts on how to list representative matters as a junior-mid? Is this even something we should be doing? What if it’s not in a jx we practice in, so our name is not on the docket, motions, etc.? TIA

like

Any jobs out there that don’t require independent / analytical thinking? Really burnt out from thinking and would love to switch to a more routine position. Yes this is partly imposter syndrome talking.

likefunny

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