How do firms give bonuses to associate attorneys? Quarterly, monthly, annually? What is a bonus based on? Money recieved, billable hours, etc?

I'm looking to set up a bonus structure for a new associate.

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

You can structure it any way you want. We do holiday bonus to everyone at the end of the year as a thank you plus origination fees quarterly.

like

What percentage of fees do associates recieve when they originate a case? How do you define "case originated by associate?"

like

Related Posts

Got industry offer at bank, cyber. Would be going from 110 to 130. Perks are comparable. I feel like it is on lower end of comp based on Glassdoor and elsewhere. Considering countering at 135-140.

like
like

How much should I charge per hour for a ux side job? Located in Vancouver, BC / Sr product designer 5+ years of experience

like

For experienced accounting professionals considering a transition into a career with solid work/life balance, a fast-growing biotech company near San Francisco is hiring for a SOX Compliance Manager and Senior Accountant/Manager roles. Roles pay well over $100k.

Generous benefits, fun company culture, and VERY favorable stock options. Message me if interested, and I will try to screen you for an interview!

Planning to move to New Zealand from the US next year for a better quality of life, how is the job market?

How much CTC to expect for Team Lead and Solution Architect position in @EPAM (YOE: 12+, Skills: .NET)?

like

Hi,

Anyone can provide review about Springer Nature Technology and Publishing Solution, Pune?

Company culture? Year to year hike? Work life balance?

like

Hello Fishes,

I have total 4years of experience (joined my current company last year). Current package is 7.5LPA.
I am happy with my work life right now but need the hike. Also i am working as frontend developer (react.js) but my tech stack is MERN and i also have about 1year experience with springboot. In my current company my ctc will be revised on January,2023  as i am not completing 365 days before July 1(only missing for a couple of days). What should i do right now? What should be my ctc

like

Hi fishes
How.much percentage of hike is infosys and TCS offering to retain their employees.?
If anyone has any idea please let me know.

like

Tata Consultancy I am a manager in Capgemini... have an offer frm TCS. the designation being offered is Assistant Consultant.. 9.8 years experience( 5 yrs with Cap) Even though I am getting a package of 25Lakhs.. it seems like a demotion in designation.. Cg has offered to match upto 23.5 lakhs.. Is it worth moving to TCS on this grade? My primary reason for moving out of Cg is i m bored of beauocracy and WLB at current project. Is it a good idea to still switch with the counter offer from Cg Capgemini Tata Consu

like

I joined bosch in sep 2022, will i get the full variable pay mentioned in the offer letter at feb or else divided into 12 and credits only for sep to dec?

like

Average salary for a Senior Associate who’s in the process of getting their CFP?

like

What is the salary of consultant in Capgemini

Hi Team,

I have an offer from Walmart.
Fix : 20 LPA and Variable+Stock =7L
Loc : Chennai

I have got a new offer Fix: 28.5 with Joining bonus 4.5L
Loc: Hyderabad

In little confusion as 10 days to go for joining.
Should i ask Walmart HR for the match will they agree?
#Walmart

YOE : 5.5 year
Tech: Azure, GCP, Spark, Scala

Thanks in advance your suggestions always helps 🙏

like
like

Hi fishes,
YOE-14
Tech stack-AEM

Looking for good wlb and job security. Please help me choose from below offers.

1.
Infosys-JL6A Designation:Senior Technical Architect CTC-38LPA incl 20% VP JB-1.25l
2. Capgemini-D1 Designation: Senior Manager CTC-39lpa incl 15% VP
Infosys Capgemini

like
like

Those of you in industry post consulting, when you get a new internal job are signing bonuses a thing, or have you seen any version of this?

like
like

More Posts

I’m trying to decide on a hotel in the Maldives - currently choosing between the W Maldives and the Park Hyatt Maldives.

Does anyone have a perspective based on experience?

Would anyone be willing to give me a referral to salesforce?

like

Hi there,

I am currently working in Capgemini as a SAP PP QM consultant and looking for job change... Can anyone here refer or suggest anything so that it will help me out to find suitable job..

YOE - 6 years
Relevant - 3.5 years
Skill - SAP PP QM

Thanks in advance....

like

What is the average salary for a senior business analyst or a product owner at insurance companies?

like

I realized I've been a dummy for getting a job at a creative agency and not working on my portfolio. Most of the projects I've taken on, I've done so as a way to support others without taking much credit for it. Now, a better opportunity came along and I don't have anything to show for my talent as a designer. ALWAYS take credit for what you do, even if it's not your project to begin with.

like

Thoughts on AdEx ?

Interested in being a Advisory or Board member of a Fintech. Have diverse tech engineering, financial services and startup background. Intention: meet new folks, get exposed to and solve new problems (outside of primary gig)
Where and how to start?

like

Which big4 has decent wlb when compared with other? Assurance SL

like

Anyone have insight on the comp for Sr./ Lead FP&A analyst at NASDAQ/NYSE/CBOE

Hi All. I moved to a new company , I just got my take home salary and my current pay is less that previous pay ,because of different state and other taxes. My new company is better but the pay is demotivating me . It is almost $500 less per biweekly pay check . What to do get out of the demotivation? I wouldn't have minded the same pay , but $1000 less /month is a lot !

like

Transitioning from line of business familiarity (understanding financial statements) to... real(?) Finance (bonds and cap markets and other debt sales) any advice on books or resources to learn really from step 0?

like

I am in SAP EP domain, can I change my offering from SAP to java , or can i get java projects?

like

How is Christmas like your job? You do all the work but some fat guy in a suit takes all the credit.

like

Vanguard Digital Advisor ( 4 ETFs, 0.15% fee) vs HSBC Financial Advisor (15-20 funds, 1.5% fee) which one to go for nest egg growth 100k starting

Looks like some bonus numbers are coming out for bankers, would appreciate any insights!

like

Hi Fishes, I received a mail with subject line 'Accenture Recruitment Status - You've made it to our final interview at Accenture!'. What does it mean? As I Have cleared technical aptitude test and technical Interview can I assume this will be an HR round?

like

Hello folks,
I'm looking to get any references for SAS technical role. I have 10+years of experience in Banking industries. Have worked various roles from SAS Programmer, senior programmer, SAS SME, SAS Senior Consultant, Credit Risk analyst, Fraud monitoring, Data analyst, etc. with multiple SAS tools a banking, capital market, investment, credit risk domain. Please let me know if anyone can refer me for any SAS related opportunities.

like

Hi ppl, Is there any openings for software engineer 1 role in Rakuten , I'm having 1.3 years of experience on : Kubernetes, java , Docker, AWS , C++, linux Has basic knowledge on Golang, Ansible and JSP, Servelts Please give me a referral, It would help me a lot.
Thanks in advance!!!

Hi everyone, applied for an investment consulting internship few weeks back.
It's a client facing job, but it might come at a later stage of a job, maybe after finishing my internship and getting a job offer.
I'm interested to know what is the must develop skills, must take courses or must read books to get insight, develop the required knowledge and skills for the position. I majored in business management finance and currently preparing for CFA level 1. Thanks in advance ☺️

like

Thoughts on the new expensing policy where your manager has to approve it? Is this a way to limit expensing when you have your colleagues view how much you expense?

like

Additional Posts in Small Law / Solos

A friend of mine and I are both starting our life firms from scratch. We both do two different areas of law. How can we help each other with referrals and networking? We live in an area that’s pretty geographically large in two different parts of town.

I believe improving one’s sales conversion rate is something everyone want to improve but no one wants to admit they would like to work it. Funny how lawyers will spend thousands on seminars to improve trial skills. But this topic is not discussed in our profession. I have read books in sales. But am unable to find any for lawyers. I want convert every lead I can. Does anyone have tips, books, cle’s or studied this topic?

like

Anyone have any tips or ideas on how to collect money owed from a client? In a few months it’ll be two years since the debt was incurred. We send monthly reminders of the bill. It’s a significant amount (well to us) and the client is now starting to open up and telling everyone about the situation that we helped to resolve.

like

The past two days I’ve spent to my entire day doing things that really can be done by a paralegal. So I hired a freelance para. Any tips to make this a success? What’s your tips to train and get your para up to speed?

like

Does anyone run a business in addition to their firm? I’m a solo and I’m doing pretty well with about 60-70 billable hours a month. Though that leaves a lot of downtime. Curious if anyone has any second businesses that require about 20 hours a week. Not looking for passive income or franchise ideas though.

like

Does anyone feel a disconnect with friends who work a typical 9-5, or those who are non-entrepreneurial and/or never owned/run a business?

like

Has anyone here chosen Soluno over Quickbooks? Thoughts?

like

Does anyone have any insight regarding compensation for the “of counsel” position? I’m specifically looking for insight from those in California. Thank you!

like

Does anybody have a good guide or resource they can point to in regards to show clients how to organize their documents for our firm? A lot of time is wasted here going through discovery documents we receive from clients because the docs are disorganized and not annotated - it just becomes a whole scavenger hunt and it’s eating into our time like crazy.

like

I hear my friends complaining about how much they hate their job or hate the culture. This is why I started my own firm. I create my own culture.

like

Has anyone left, or had an associate leave, a small firm and remain of counsel or in some other capacity to assist with a handful of matters going to trial? How did you structure compensation? Don’t want to leave my boss in the lurch with some big cases going to trial at end of year but also can’t use those as excuses to stay. Would like to offer a reasonable proposal. Even if boss turns it down, I’ll feel better about knowing I offered to help.

like

How much prof liability coverage should a solo plaintiffs attorney carry.

like

Plaintiff side question - comp is base plus % of fees. Firm has non equity split % with associate working on case. This normal for a non equity partner? Normal associate comp is full % when working with an equity partner.

like

I'm entering my final year of law school but am going part time since I work full time as a paralegal. I have been a paralegal for more 10+ years and I want to open my own firm after I pass the bar.

I've worked at a lot of different size firms including a startup with a few attorneys and I was able to help with a lot of the ground work with getting the practice management system in place and still do some of that now at my current firm. Has anyone done this right out of law school? Any advice?

like

Has anyone received equity as contingency comp? I have a potential client with a founders dispute. He doesn’t have cash, and the other founder ripped him off and is now running the company. He wants to sue for equity and wants to pay me with whatever equity he wins. I’ve never done a deal like that. Is that even enforceable? CA law. The startup is actually quite promising.

like

Anyone have experience going back to school for either an LLM, MBA or something else while still maintaining their practice? Considering going for my MBA to open practice to more business consulting, but maintaining my full time practice. For context, I am an associate at a 5-7 attorney firm with a billable target in the 1300 vicinity.

like

Looking for purchase health insurance for business. Has anyone bought health insurance through their solo practice as a corporation. Any recommendations as to who to use. Small firm 1-5

like

Recently I’ve been in the enviable position of receiving several job offers from other firms and attorneys. I am currently employed and very happy at my current firm. What is the best way to politely decline these offers, both those made via phone and email, without burning any bridges?

like

How do you handle billing disputes? Already feel like we’re a steal compared to other firms, but it’s the pits when clients kvetch about the bill after working hard on their matters. For five figure disputes, anyone recommend collections? Don’t really want to institute retainers, especially since it doesn’t seem common for our practice area.

like

Anyone practice DUI in Orange County, CA? Please dm me. TIA

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