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Mentor
Every firm is gonna be different. Our billable year resets 11/1 but we don’t get raises until 1/1.
Mentor
This. All firms are different.
Our billing rates go up in the fall (to coincide directly with class year) but comp goes up in January after reviews are done.
Agreed with above- at my firm it restarts in January, even though new associates start in September.
Mentor
Reset 12/1; pay and class year a month after
1/1 at my firm
You need a pay/class year downgrade for not knowing this and for not at least asking someone you work with