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Custodial or 529 for child?
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Mentor
Bonus likely prorated.
Depends on firm. There is a min that is paid and then you can sometimes go on leave and get paid up to a cap I think through a gov program.
Mentor
There are quite a few states that require paid leave. NY/MA/CT to name a few offhand.
Depends on firm. I had 16 weeks paid and then took an additional 8 weeks unpaid. My bonus was prorated.
Check firm policy. My firm is 6 months off then 6 months 75% time, all with 100% pay
Mentor
It usually is, but check your firm policies. In many states, there is a paid leave parental leave program too, but the pay is capped at statutory amounts that are likely far lower than your regular weekly pay.
Mentor
I bet the majority of biglaw associates work in one of those 9 states, with TX being the obvious exception.
Subject Expert
My firm offers full pay and doesn’t pro-rate the bonus.
Subject Expert
Freshfields