What do you wish you knew about the lateral process before you did it? Any other tips that would be helpful to navigate it? Thanks!

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Schedule a month vacation (or more) in between positions. You do not want to start a new job already burned out! Trust me, i made this mistake!

and don’t feel rushed to start the new position immediately. They will always push you to come in as soon as possible.

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A1 - I’m planning to list the day I begin at the firm. If anyone asks about the resume gap, I’ll tell them I travelled to X amount of countries and thoroughly enjoyed my life. If they don’t wanna hire me because I took 3 months off, I don’t wanna work with them.

A2 - you totally should. The firm obv wanted me to start asap but I was pretty firm about it. They ended up agreeing and I was very happy about that - and made me realize I’m working with the right kind of folks who value that.

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If you don’t ask for it, you probably won’t receive it. Don’t shy away from asking for what you feel you deserve/your peers who are similarly situated have received just because you’re nervous or grateful for the opportunity.

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Find out whether the new firm is truly open to laterals or they still favor home grown associates. When was the last time a lateral made partner there?

Ask for ramp time or a prorated bonus.

Find out why prior attorneys left. Lateralling is awful if you jump into a group of nasty partners.

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-Take time off between jobs! I took a month and it was amazing.
-Don’t shy away from asking the questions you really want to ask, particularly in post-offer rounds.
-Be kind to yourself. I had a super smooth process, but it was still draining. Leading up to giving notice was also more emotional than I expected it to be.

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Towards second half of the year for lateraling are guaranteed full year end bonuses are common too?

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It was a V50 in NYC. I think it’s fairly common but probably firm dependent

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Negotiate a guaranteed year end bonus because you’re going to be slow in your ramp up period, and won’t wanna make that up with 50-60 hr billable weeks on the back end

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Okay haha thought I was missing something re taxes. If I am not actually eligible for a bonus at my current firm is there any way new firms will know and deny full year end bonus?

I wish I knew enough to use a recruiter so I had someone to navigate the process and handle all this stuff for me.

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In some cases, yes. Sounds like you chose the wrong one(s). Heard many, many success stories using certain recruiters, however.

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If your hours are prorated, ask for the prorated amount immediately. You don’t wanna over-exhaust yourself needlessly

A3 — also confirm the total amount of the bonus. The bonus is sometimes also prorated.

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Anyone open to giving an AirCanada referral?

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Anyone has bluepoints to appreciate and thereby get bluepoints exchanged?

I have 200 bluepoints to appreciate. Have a month's time to redeem it.

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Any news if there is any hiring freeze in UK?
I am not seeing much jobs active in career portals. The ones which are active are in Under Review status since last few months.

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Got ourselves a winner, folks.

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I’ve had very few opportunities to expand my reach in terms of whiskeys. So far Whistle Pig 6 is my all time favorite. Based on that flavor what should I aim for next (a step up)?

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Me: i’m already behind on billables
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likefunny

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Just got an in house offer annnnnnd

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What’s up with people commenting with “F” on all posts? Like why?

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How do you all take care of things outside of work? The last thing I want to do after being hyper-organized at work is figuring out my budget or retirement plan or scrubbing the bathtub or figuring out what to buy at the grocery or planning a vacation. I feel so burnt out I can only just sleep on weekends and can’t bring myself to go out or even do basic self care. I feel bad putting this all on my husband and how would I even have the energy to raise kids??

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Tips for bankruptcy associates who eventually want to move in-house? 3rd year associate in bankruptcy/restructuring group doing mainly bk lit but a few deals too. Need to stay in BL for at least another year for the money, but eventually want to move in-house. The path to in-house seems more straightforward for general commercial lit or more standard transactional practices. Any tips for someone who’s practice is a bit of a hybrid (and who will never likely do discovery or handle a depo)

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If you receive an offer that doesn’t include a sign-on bonus, is it kosher to counter and include a sign-on bonus? How would you introduce that?
TIA!

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