So Covid incentive payments have finally reach my “big law” Midwest firm. We are non cravath and bonuses have generally sucked but this year they’ve basically doubled the bonus structure which is, yes, totally incentivizing me differently. I’m currently on pace for 1950, but if I average 44 hours a week for the rest of the year, I can make 2150, which would give me an after tax bonus of about $30k or enough to pay off the worst of my loans. Worth it?

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

Yeah sounds worth it

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For context our billable target is 1900. If I billed 2350, the bonus would be big enough to clear all of my student loan debt—but that would mean billing on average 50 hours a week for the rest of the year.... I’m not sure that’s quite worth it. I know many on this thread work many more hours but, you know, regional big law is kind of the sweet spot where work life balance for the pay is really good so I’ve never been incentivized to push for bonuses until now.

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Definitely. 44 hours per week for the rest of the year is not that bad.

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Worth it. Just make sure there aren’t any other loop holes that could prevent you from getting it. Make sure you know exactly what you have to do to qualify, in addition to hitting hours (if applicable)

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100%.

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*MCOL

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𝐒𝐀𝐏 𝐒𝐮𝐜𝐜𝐞𝐬𝐬𝐅𝐚𝐜𝐭𝐨𝐫𝐬 : 𝐌𝐞𝐭𝐚𝐝𝐚𝐭𝐚 𝐅𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐤 (𝐌𝐃𝐅)

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