Ignoring COVID for a second and how it'll impact firm's financial capability to even give bonuses, do firms with billable reqs usually still give bonuses to first years even if they don't make the threshold?

Maybe like 5% of my first year class will make the threshold (and tbh that number would be around the same of COVID never happened. Just curious as to how most NYC big law deal with this.

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

If the firm has a written threshold policy (ie 1900 billable) it will not give bonuses to any associate who does not hit that, even if short by 30 hours.

If the firm does not have a written threshold, just an unstated expectation (think richer places like Cravath, DPW, PW, Skadden), then they do tend to give bonuses to first years regardless of actual billable hours.

Milbank is the same way.

Related Posts

like

What's the in-hand salary if fixed is 7.60 lakh ?

like

Hello, My basic salary is 1,80,000p.a (15k per month) and flexible allowence package is 239,000 per annum (19k pm) . What will i get in hand?

like

Hello fishies, I have got an offer from S&P for 30LPA with 8.5 YOE . The designation is software engineer and the role is for production support. Is it a good offer or should I renegotiate.

like

What % do y’all expect as reasonable for an annual salary raise as an exceptional performer but with no promotion?

like

What is the expectation for new manager salary within IAM? Currently at 90k west

Want to attract top talent and build high-performing teams? Invest in employees, not recruiters:

1. Yearly cost of living pay increases
2. Flexible work policy (remote & hybrid)
3. Mentoring & leadership training
4. Reimbursement for continuing education
5. Career pathing
6. Employee resource groups
7. Benefits with low deductibles (Medical, Dental, vision, and mental health)
8. 401K with employer matching
9. Min 20 days PTO
10. PTO for community service

Let us know what you’d add in comments

like

How much CTC can I expect from the SAP Labs for 5 yoe?

like

How much salary should I ask for below skill set in Publicis Sapient ?

Skills: Java ,Selenium, SoapUI, Postman, Jmeter. Continuous Testing- Jenkins - Aws and Azure.
YOE - 6 YEARS.
Currently - 9lpa

Please advice, anybody recently received an offer Also please comment.

like

Hi all,

I have 2 offers.. yoe-7 relevant -5

Pwc AC- senior analyst guidewire- 22l fixed
S&P global market intelligence- senior product manager- 23-24 l fixed

What is a better opportunity wrt growth, brand, role etc?

Please help !

like

Can we re-negotiate with Bosch HR after accepting the offer and filling all application details in first steps portal, since we have a better offer from another company while we were on notice period?
Anyone has such an experience here?

likehelpful

Hi Sharks,

What is revenue enabling bonus plan . I got a mail that 2022 bonus plan is assigned to you . Is it is something which will be paid ?

like

I got a job offer for 95k base and potentially another 40k in bonuses (sales job). I know the salary range for this was 90-100 based on experience. My potential new boss when calling me to give me the job said “we like to do our best offer out the gate and are offering you 95 base”. My background- I’m an RN with 10 years experience and 2 years medical sales experience. I make 100k per year as an RN and feel strongly about making that as my base. But I don’t want to ruffle feathers. Thoughts?

like

What is the average of a salary per hour for a dental assistant here in va ? I here everyone is making 30per hour around this area ??

like

Hey guys hows GE Healthcare in terms of payscale? 8.2 YOE , Reporting analytics skill business analyst. Have an offer of 25fixed from other org.

Hi Guys,

I have an offer from JPMC of 27 lacs Fixed and HR round pending for Morgan Stanely Bangalore.
How much should I ask?
YOE:7 Yrs, Stack: Scala Spark

Also which is better JP or MS? I heard rumours about Job security issues at MS. TIA

like

Hi Guys. I have got an offer of 11K PLN gross per month. my current CTC is 12L INR. is it good for 2 people staying at Warsaw and would I able to save any out of it?

like

After LWD , In how many days FIS will do my FNF settlement and will provide Relieving letter ??

I have returned my Joining Bonus with gst already before LWD as they requested.

Kindly tell whoever has left.

like

More Posts

What will be my in-hand salary for offer that i have received from Bosch Global Software Technologies

Post Photo
like

How is job security in PS for developer role.

like

Ok all. A little help would be appreciated. I am a chunky guy with really skinny legs. All my fat is in my torso area. Any good pant recommendations? I’m down to like 3 good pants rn. TIA

Seeing a lot of variations in Salary for PwC UK.
What would be typical salary for Manager and Senior Manager? PwC

like
like

Has your investment bank had to start business continuity in Asia due to coronavirus?

like

What's your relationship like with your MD? Gotta brag - my MD is awesome.

like

Would a cruise be a good romantic getaway for Christmas/new years 🤔

like

What would be the minimum monthly expenditure for a single person in bangalore considering rent, food and other essential expenditures ?

Does anyone get white discolouration on their big toe nails / know what it is? I file it off and it comes off as a kind of white powder, but then comes back. Would love for it to go away so I don’t have to wear nail polish constantly to hide it :(

like

Anyone take the Bonvoy w/100k signup amex card yet?

like

MBA, is it worth for an account executive? Its too expensive and takes too much time.

like

Mechanical graduate 2019 passout.
I had been preparing for government technical exams....now frustrated.....
Now , I want to switch to IT industry....I have intermediate level knowledge in Java.....Please help me with referrals or advice me on how to get a job

like
like

Hello, my offer letter has a 3 month notice period. Isn't that too much? Is it negotiable?

like

CIPD vs. SHRM?

Any Onsite opportunities/referrals from US, UK or Canada would be much appreciated?
Java Full stack with 3+ years experience

like

Switching from Deloitte USI to SAP SDC.

Keeping money aside, wise decision?

Factors : Growth, future prospects, WLB, brand value.

like

Any plans for more WFH at McCann Health moving forward?

like

Additional Posts in New York Big Law

Can you make the switch to another company’s legal team if you have been working in house but on an employee relations team? Almost Everyone on the ER team is an attorney and it’s more legal than HR based.

like

Do people actually like litigation? Just trying to assess if the job is bad or if I’m just not well suited for this work.

like

Moving offices within the same firm. My firm pays different rates per office and I want to move to nyc from an off market office. How would you approach that convo?

like

I’m working with 3 recruiters on pursuing different opportunities. Do I need to inform them that I’m pursuing other opportunities and let them know where I am in the interview process with the other firms unless I’m actually considering another offer?

like

Honest question, I keep seeing advertisements about online certificates from Cornell, MIT & Harvard. Do they help (give an advantage) when applying for a job. I feel like I already know the answer lol just wanted some insight from the inside

like

Recent examples of questions asked in Amazon virtual onsite? Thank you!!!

like

What’s what’s your age and how much in savings do you have? Are you investing your savings in stocks or index funds?

like

What’s your favorite salad chain? Trying to eat healthy…

like

Considering a lateral move from one big law firm to another. Anyone have insight on what the culture and expectations are at McDermott (NY office - corporate practice)? Is there a work-life balance?

like

How do you ask someone to be a mentor to you? Ive identified the person I’d like to mentor me but I don’t know how to move the relationship into an active mentoring relationship (we currently have a casual relationship where I check in once in a while)

like

Anyone have insights into Skadden banking/finance? Hours, culture, etc. Curious if there is any difference from the general M&A lore.

like

Willkie NYC. Interviewing on the staff side. Thoughts on culture, benefits, attorneys (litigation) etc etc?

like

Which New York law firms have announced return to office? Is there a thread somewhere?

likehelpful

Any insights on the bio patent prosecution group at WilmerHale NY office?

like

I understand this is an afterthought, but have firms started thinking what they’re going to do about summer associates if this coronavirus quarantine stretches into June? Hoping they won’t drop us..?

like

Any insight into what NY Biglaw counsel positions pay? I imagine it varies but I think my firm may be majorly lowballing with basically just senior associate salary. Bonuses are likely just top of associate scale too so max $100k. I hear people leaving for much higher paid counsel spots elsewhere so curious.

like

Anyone go to office tomorrow?

like

I’m a first year associate in an area of practice I really like. People at my firm are nice, but I’m not challenged. I’m thinking of finding new opportunities since my salary is below market, firm policies are unclear and I’m not challenged. Any advice on finding new positions while I’m so junior?

like

Do people here go to bar association (either state or city) events? Looking to expand both my personal and professional network and figured this might be a good path, but wanted to see if people went, what kind of events, etc.

like

What are your average billable hours? Month / year? What type of practice are you in? Are you on the Cravath scale? What associate year?

like