What is the bonus structure at your firm? I work at a mid-size boutique IP firm in patent and trademark prosecution. Our billable requirement is 1850, which sounds nice, until you realize that patent prosecution is done on a fixed fee basis so the hours you can bill without hurting your efficiency are tight. Our bonus is gross salary decided by billable hours, times the number of hours over the requirement. So, say your hourly is $95, you would get $95x hours over 1850 as a bonus, and then taxed

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(UK so not sure how useful/interesting this is but will comment in case useful to others) Also at a patent and trademark firm. Our bonus isn't determined by billable hours. We have a £GBP target to meet which is reviewed each year taking account of seniority, charge rate and opportunity. If you crudely take my target as an example and divide it by my hourly rate, it would only come in around 1100 hours. Bonus is a % of 10% of salary pre-deductions taking into account amount billed in £GBP and other contributions such as client wins, business development, developing others etc.

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