I have an offer from Mayer Brown as a senior associate and they have told me that a guaranteed full EOY bonus is not standard or a market ask. My offer is in a non-NY office and the posting for this position has been up for six months.

Any recent laterals out there who moved in the last few months who received a guaranteed full EOY bonus and/or signing bonus for a corporate senior associate role?

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

I got full year end bonus to all my laterals… even a full $57K year-end and the person joined december 20th.

like

If it’s not making financial sense to leave your other EOY bonus, they’ll understand. I turned down an offer that wasn’t guaranteeing what I would receive from my current firm in total comp: the offeror then increased signing bonus but wasn’t matched to year-end.

like

Continental European here:

1) guaranteed EOY bonus is not standard in my market

2) we leave job positions up even when we have filled them and renew them even if we have candidates that we will likely take - you never know who quits or what happens

like

This will depend upon your qualifications and MB’s desperatness. So start with making a honest and candid assessment about your strengths and weaknesses as a Candido are.

I’d say it’s definitely possible but you might have to sign clawback provisions. In any case, you should try and negotiate for it because 80K + is a lot of money. I get that’s it’s MB and not STB or Sidley or whatever but MB needs talent just as much as everyone else and you gotta pay to get talent.

like

MB does a pro-rated bonus for mid year laterals. They also have a step-up bonus for high billing, and if your prorated hours would qualify you for a higher bonus, you get the higher rate (prorated). Eg, my first year at MB, I billed only 1900, but prorated it was the equivalent of a 2300 year, which put me at a higher tier. My EOY prorated bonus ended up being equal to a normal market bonus because of that.

Related Posts

Hello Guys,

I am in a super good position at Jellyfish as a Director with a good room in terms of growth. Great responsibilities, work life balance and I strongly love my job. However, there is an opportunity to join Google Dublin as an Agency Development Manager (level 4) with strong salary, new challenges, different role and responsibilities etc. I HAVE A STRONG DOUBT about a trade off: is better to have a strong margin of growth and a good position or join Google with the above conditions?

like

LTI - Larsen & Toubro Infotech is hiring for multiple #DATA job profiles.👇
Interested can apply for below jobs opportunity, DM your EMAIL ID with JOBname
*Experience Required 4+ yrs Freshers do not apply*
Grab this opportunity...!!!
#LTI#PYTHON #TABLEAU#DATASCIENCE #QLIKVIEW #HADOOP #BIGDATA #SNOWFLAKE #ABINTO #INFORMATICA #HIRING #AWS #MATILION #AZURE #AWS #INFORMATICA #DATAGOVERNANCE #SCRUM

Post Photo
like

Hiring a Social Media Manager. Looking for someone with strong lead generation and conversions background. Any suggestions as to best places to find these talents?

like

Hi all, I have started my search for my next position as my current one is at a dead end! Anyone is looking or know of someone looking for a digital marketing and communication manager/director? I have over 7 yoe and have developed departments for my employers from scratch. Can discuss it further if you like.
Would appreciate any suggestions.

like

Nagarro or Wellsfrago which one is good to join in terms of work life Ballance ?

like
funnylikehelpful

Can anybody provide any insights about citibank project in @Synechron. How is the work life balance here?

like

Interested in getting opinions on Wipflis benefits

like
like

Hi all, can anyone provide me info about office cab facility in JP Morgan Hyderabad. Is it free ?

like

Wanted to know how many rounds of interview will be there for kpmg mumbai for ITGC it auditor role

like

How much package Salesforce can offer for Technical Architect role? YOE is 12+ years. Does Salesforce has Variable pay in CTC and if any extra benefits provided?

like

How much do we get paid

like

Thinking of moving to Skillman, NJ for a role but I’m a bit concerned that it’s way too suburban. Any idea which neighboring town would be a good fit instead? Single, female (30), looking to make friends, date and build a life!

Hey fishes, completed 3 tech rounds at Bosch.
Last tech + managerial round was on 10th Nov. Got HR call on 17th Nov. Told my expected package and she didn't seem to have any issue. On 22nd Nov, got a call from the consultant at taggd who has been arranging all my interviews. Told my expected CTC and she seemed a bit surprised but didn't negotiate and asked if I have any other offers? I asked when can I expected the OL, she said within a week but didn't take any documents. Can I expect the OL?

like

I heard that, their is hire and fire policy in Synechron, can anyone tell me the reason they fire the employees?

like

How much package should I expect for SAP FICO 5 YOE.
current fixed : 20

likefunny

Any Directors, Assistant Director, Executive Director from PwC. I need some information regarding the final round/ED round mentioned in my email.
PwC

like

More Posts

Kerryon Johnson or Jamison Crowder?

Hi,
I'm currently having an offer from BlueOptima and Cohesity and am conflicted between the two.
I have offers in the SDET profile.
Cohesity Inc is providing me MTS and @BlueOptima is providing SDET-1.

Glassdoor reviews more of less place the two companies almost equally, and the package being offered by the two is almost in the same range.
My preferences include:
Learning opportunities in the role.
Company's work environment.
Company's growth prospects, are also a consideration.
YOE: 2 years

like

CGI company comes under which tier category.

Whats the going salary for staff Content Producers on either coast or midwest. Go!

Hourly pay rate

like

I am trying to move from finance (IB tech) to fintech and have 15+ years of experience. I get a feeling my number of years of experience is working against me as all the companies want is young blood. Am I right in thinking this - what can I do to fix it other than reverse aging :-) ?

like

I am thinking of making the jump from SLP to healthcare administration. Looking for insight on pay, job opportunities and job satisfaction. Thank you!!!

like

Everyone I needed final approvals from to get these expert retention agreements signed off has decided to ignore me on literally the day our disclosures are due.

like

"There's no whining in baseball!", said very seriously and earnestly ..... to the office dog.

likefunny

Looking for some trusted voices and resources. Who do you follow for D2C Customer Engagement & lifetime value?

like

Investor’s Business Daily: worthwhile?

like

Any upcoming areas to buy a investment house in and around Austin Texas

like

Hill holiday and Arnold: heard massive layoffs at both places. Is everyone ok?

like

What does the “Platforms and Ecosystems” product strategy team do and entail?

like

Have an opportunity to finally get out of insurance defense. But not really sold on the firm. Could finally get out of ID, but then could also end up at another place I really don't like. Def want my next firm to be long term as I've jumped around.

like

Recently lateraled as a public defender in HCOL area to ID in LCOL area for $$$. I’ve been at the job a little over a month. My concerns are that I’m getting very little guidance or mentorship, and I’m worried about not hitting billable hours (2000 requirement but I am just over 80 for the first month). I am only in charge of a ~5 cases atm and struggle with figuring out the next steps, etc. I’ve met all my deadlines that have come up. Thoughts or advice?

like

Looking to change career paths. Currently 1.5 years experience as a SAP consultant doing business analyst activities. I would like to transition to a data analyst role in industry. Any tips?

I know every holding company has different titles but trying to understand SVP, EVP GAD or executive director of media (or equivalent ) salaries at an agency in Chicago.

likehelpful

Hi
I am working in Amazon from June 2020 as L3 HR Generalist. My current CTC is 5.2 LPA. I have a post graduation degree in English.
I was wondering if doing an MBA distance course from Symbiosis would help me get a better position and salary?
Can anyone please suggest? If not symbiosis then can I choose any other University for doing the MBA?

Additional Posts in Biglaw Offer

Hope you all are having a great weekend. Just wanted to share a tip for all of those who are looking to connect with former employees - there is a filter function at Linkedin which allows you to do so (and you can combine that with the filter on location - then you can almost always find at least 2-3 people you can reach out to and ask about the firm and practice group you are thinking of lateralling).

Feel free to share any other tip with the fellow fishes!

likehelpful

Hi All - to make it as efficient as possible - please use the following format when asking question(s) - this should help reach the right person for you asap.

[Firm you are interested in] - [Department] - [Office location] - [Seniority]
[Set out your specific question(s)]

For example:

DPW - Corporate (DCM) - NY - Class of 2016
1. What is the upper end of the salary for my Class?
2. What are the hours like?
3. Would you recommend taking up the offer and why?

likehelpful

Pillsbury Ny thoughts?

like

Any thoughts on Fox in Chicago? Received an offer to lateral there and was curious on the firm’s city-wide image as well as national reputation.

like

How is Quinn Emmanuel’s culture? I’m interested in their virtual office.

like

Can you tell me anything about Katten’s white collar group?

like

Foley & Lardner - Milwaukee - Fund Formation/Investment Management - 3rd Year.

Questions:

(1) I’m at a midsize firm with great team members/mentor in this practice area, what is the Milwaukee office’s culture like as far as mentorship and collegiality?

(2) Is 1900 hours a reasonable estimate of how many hours I would actually work as an associate/what are normal hours for an associate?

(3) What are your biggest concerns/frustrations with Foley and/or the Milwaukee office?

like

Anyone works at Goodwin? I've been
interested and applying in the last few
weeks, so far, I am intrigued. I'm currently
in the LA area, I'm planning to stay but l'm
open to relocating either SF or the New York offices as well. If any can connect to their
Recuritment or Talent Acquisition Team or
any references, information or
connections! Let me know! I can also be connected on LinkedIn as well!

like

Any thoughts on funds group of Latham NY, in terms of culture, people and quality of work / client?

like

Norton Rose (DC)- mid-year - Projects. 1. Any general input, 2. Work/life balance (weekend work, typical hours, etc.) 3. WFH ability, 4. Tech, 5. Benefits

like

Taking the bait and asking in this bowl - has anyone heard anything at all about Covington NY? Any thoughts on culture, practice area strengths, office, etc would be appreciated.

like

Ogletree Deakins - Knowledge Management Counsel position in Chicago - I’m in between 4 and 5 years experience - any ideas what pay and the workload is like?

like

BH cinci ohio is a great place. Job openings are on their site. Growing like crazy. The work is here! And Cinci is affordable place to live.

like

Has anyone accepted a job/turned down another offer and instantly feel regret? What did you do?

like

I want to switch markets transfer to my current firm’s office in that city. But lateral market is hot and bonuses are generous. Anybody heard of your current firm matching competing lateral bonuses so that they can keep you as an internal lateral? Or will firms match lateral bonus offers even if you aren’t moving cities in an attempt to keep you at the firm?

like

Anyone works at Goodwin? I’ve been interested and applying in the last few weeks, so far, I am intrigued. I’m currently in the LA area, I’m planning to stay but I’m open to relocating either SF or Boston as well. If any can connect to their Recuritment or Talent Acquisition Team or any references, information or connections! Let me know!

like

A firm approached me with an offer because I had worked with some partners who recently joined. They said it’s not really a “practice” of the firm to guarantee the bonus and that they want to properly incentivize people to hit hours… but I now have data from current associates and ones who had offers (including recently this past month) who received guarantees — nothing exceptional about their circumstances either.

How do I respectfully present that data in a counteroffer?

like

Any thoughts on how quick turnaround should be after first round interview? When’s a decent time to follow up?

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