8th year associate. Has anyone “made counsel” in the past year and missed out on associate bonuses as a result? I may be promoted this year but I’m honestly afraid I will miss out on market matching bonuses. Counsel comp at my v50 is not bad. But for associates, the firm will match any Cravath/NY bonus, and I’m afraid the individualized nature of counsel comp will result in taking a hit.

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Would be surprised if this happened - seems like a very easy thing to demonstrate and would be odd if you were actively worse off because of the promotion.

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True - particularly on an on-going basis - but this would be too flagrant in the first year of making you C (and for what? Presumably doesn’t affect THAT many people in the grand scheme of things and would alienate the people they think are good). Good luck!

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I asked one of our Of Counsels this last week and he said his total comp is never lower than senior associates.

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First of all, congrats! If it’s discretionary bonuses, I’d suggest just bringing it up when you have the conversation with them about the new role.

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Yeah may wary by firm but at least here I think the rule is counsels are never getting less than senior associates (provided meet hours etc). Totally a question you’re allowed to ask your firm about though.

At my firm, counsel are eligible for associate bonuses if otherwise eligible (hours, etc.). They basically are treated for comp purposes as associates at the top of the scale.

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