Related Posts
Where are you in your own path to parenthood?
Additional Posts in Big Law
Kasowitz Benson - what is your opinion of them?
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.



Mentor
Yes. A firm that’s a better cultural fit.
It’s very common to take a year back (a “haircut”) when lateraling. Maybe a signing bonus to close the gap between years but otherwise I wouldn’t expect anything in exchange.
If you're in the middle of your current firm's financial year, I think it's reasonable to ask for a signing bonus equal to the bonus you're leaving on the table if you're on track to earn it. Depending on your level, it could be a variety of reasons-- everyone has a ramp up period and it's helpful to be at a lower billing rate as you're ramping up, promotion timeline, training pipeline constraints. I dropped a class year when I lateraled and it was helpful to me to be a strong third year over a weak fourth year (big jump in expectations and billing rates between those years).
Mentor
Full year end bonus being part of the comp package when moving mid year is pretty standard in Biglaw and mid. Signing bonus is on top depending on market, firm needs, and value of the lateral.
Yes, it gives you a longer run way, your income will jump back up quickly, and you don’t ask for anything in exchange. That said if you can try to get a non-prorated bonus that is maybe a reasonable ask.
Why are they asking for a year cut? I was asked to drop two class years for review purposes because I changed practice areas when I moved to K&E but they continued to pay me at my actual class year.
Coach
Does any other firm do this besides KE? I think this is a great compromise.
Depending on your year, your goal, and whether it is a true better fit. The firm cuts your year usually has a higher ranking (tier) but not necessarily a better culture.