What is the VC range for MDs? I’m a first year so curious what this first cycle theoretically could bring (I know it’s a tough year).

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Historically MD bonuses are modest on a % basis as leadership is looking to incentivize the behaviors necessary to become partner. As one partner expressed to me, "it's not like you are going to leave being so close to partner". The dollars are decent because salary is higher than when a director. I actually had years of bigger bonuses as a director than as an MD.

helpful

That partner is incorrect on the willingness to leave…

I’m happy to be wherever I think I’ll be paid most.

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Compression raise maybe?

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There are no compression raises past first year associate.

Did you meet or exceed your MR?

I ended up with zero VC and low raise. Not happy.

I’m expecting a big goose egg

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