{ "media_type": "text", "post_content": "The Houston Chronicle is reporting that some Texas firms are offering up to $500k signing bonuses for lateral hires. Has anyone actually received a signing bonus this high? I’m curious to know what recent laterals are receiving, their practice area, market, year level, etc.", "post_id": "617ad313338802003597d67a", "reply_count": 9, "vote_count": 3, "bowl_id": "5df70ed2f7169f002b172d3f", "bowl_name": "Big Law", "feed_type": "bowl" }

The Houston Chronicle is reporting that some Texas firms are offering up to $500k signing bonuses for lateral hires. Has anyone actually received a signing bonus this high? I’m curious to know what recent laterals are receiving, their practice area, market, year level, etc.

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I know a tax associate who received $250k. I can’t imagine $500k for anyone other than a SCOTUS clerk

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In a strict dollar-for-dollar sense, midlevel corporate associates are worth way more than SCOTUS clerks right now.

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I can’t imagine what a mid level corporate associate could bring that justifies a $500k bonus. Unless that person has some serious connections.

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You are looking at this the wrong way by ignoring the math. That bonus only represents like 600-800 midlevel billable hours.

What you should really be asking is "how are midlevel associates so profitable to firms that they can afford $500k signing bonuses."

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Friend of a friend mid level corporate got closed to 1 mil in total incentives to move from NYC to Texas

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Sadly no. Don't want to give out too much identifying detail beyond but it was to a firm that's frequently in the news for Texas hiring spree

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