Have you ever heard of a firm asking for a candidate’s billable hours before cutting him or her a bonus true-up check or deposit?

I’m considering lateraling and it’s questionable whether I’ll make hours this year. I’d rather the new firm just assume I will make hours and pay me the bonus before bonus season.

likefunnysmart
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Some firms will flat out ask if you’re on track to make hours to qualify for a bonus. I don’t know if they try to check it or not.

I have heard one partner relay a story that they were talking to their friend at another firm (happened to be a new lateral’s prior firm), the new lateral came up, and new firm learned the person hadn’t been super honest about their hours. I don’t know how common that is but sometimes the legal community can be small.

helpful

Is there even a way to verify this? Would they ask for like a PDF of your firm’s billables report? Any firm that asked for that would be a huge red flag

And if they do that, they deserve to get a fraudulent one. Disclaimer: this is not legal advice

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Yes some ask what you’re on track to bill for the year or straight up ask if/what you’re expecting to collect and when. Did they ask this during offer/bonus negotiations or generally during the interview process or with conflicts forms?

If they are both market bonus paying firms and they want you to start before year end/collecting, then they’ll likely just assume and pay you that rate if they are making you whole.

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