What is the process for asking for a retention bonus? Senior Associate at AmLaw 50 firm, have an offer from an AmLaw 15 as Counsel, but would consider staying. How do you approach this?

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I would just tell them you have another offer and give notice. If they try to ask you to stay, ask for the retention bonus as part of the negotiation.

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I agree. A senior associate recently told me that she received an offer elsewhere even though she had been with us just two months. I wished her well and am now hiring a replacement. After her exit interview she told HR that she was hoping for a counter-offer/ retention bonus. I don’t play that game. So it depends on the partner you ask as some do play the game.

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You don’t ask. They offer.

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Very carefully.

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F

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