2019 Bonus Discussion

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Expand view Topic review: 2019 Bonus Discussion

Re: 2019 Bonus Discussion

by Slytherpuff » Thu Dec 19, 2019 7:00 pm

I would like a spring bonus, please

Re: 2019 Bonus Discussion

by -__________________- » Thu Dec 19, 2019 6:05 pm

no one has posted it to above the law though so is it real

Re: 2019 Bonus Discussion

by -__________________- » Thu Dec 19, 2019 4:19 pm

my firm preemptively announced spring bonuses so

recession cancelled

Re: 2019 Bonus Discussion

by SmittyWerben » Thu Dec 19, 2019 3:57 pm

Recession bonus confirmed.

Re: 2019 Bonus Discussion

by -__________________- » Tue Dec 03, 2019 12:20 pm

I'm sure we'll get great recession bonuses

Re: 2019 Bonus Discussion

by Slytherpuff » Tue Dec 03, 2019 11:32 am

Bonus wrote:
Tue Dec 03, 2019 11:00 am
So do we think salaries will increase next summer or do we have to wait and hope that the bonuses increase next year?
We need summer bonuses again, at the very least.

Re: 2019 Bonus Discussion

by Bonus » Tue Dec 03, 2019 11:00 am

So do we think salaries will increase next summer or do we have to wait and hope that the bonuses increase next year?

Re: 2019 Bonus Discussion

by dpw anon » Sun Dec 01, 2019 6:05 pm

SmittyWerben wrote:
Wed Nov 27, 2019 9:36 am
Any DPW nerds want to chime in on how that bonus meeting went?
There were actually no questions asked about this. From the general vibe of the meeting, I’m guessing people felt it wasn’t the time or place.

A few questions about working from home, flex time, health care costs, but none about comp or bonuses.

Re: 2019 Bonus Discussion

by -__________________- » Sat Nov 30, 2019 11:00 pm

my firms scale never changes but a few years ago they cut the "regular" bonus in half and added a "discretionary" bonus to get up to matching so it feels like a special treat

Re: 2019 Bonus Discussion

by Desert Fox » Sat Nov 30, 2019 6:15 pm

If its anything like how those types of meetings go at my firm:

20 minutes of - RECORD PROFITS

5 minutes of -- BONEUS FLAT, won't anyone thing of pantherns children from a second marriage.

Re: 2019 Bonus Discussion

by SmittyWerben » Wed Nov 27, 2019 9:36 am

Any DPW nerds want to chime in on how that bonus meeting went?

Re: 2019 Bonus Discussion

by Slytherpuff » Mon Nov 18, 2019 1:53 pm

DPW Associate wrote:
Sun Nov 17, 2019 12:19 am
210Watch wrote:
Wed Nov 13, 2019 9:45 am
NY to $210k.
Davis Polk is having an associate town hall next week at which I assume this will be announced. What else is there to discuss?
Yep, I can't wait to hear the NY to $210k announcement. But maybe another firm will beat them to it!

Re: 2019 Bonus Discussion

by DPW Associate » Sun Nov 17, 2019 12:19 am

210Watch wrote:
Wed Nov 13, 2019 9:45 am
NY to $210k.
Davis Polk is having an associate town hall next week at which I assume this will be announced. What else is there to discuss?

Re: 2019 Bonus Discussion

by -__________________- » Fri Nov 15, 2019 1:51 pm

Well it's retention within the biglaw cartel

Re: 2019 Bonus Discussion

by riot » Fri Nov 15, 2019 1:45 pm

It’s kind of silly though because it’s the same across all of big law. It’s retention at the industry level but not really at the individual firm level

Re: 2019 Bonus Discussion

by BostonRob » Fri Nov 15, 2019 9:58 am

The comp takes a big jump for 3rd year bonus/4th year base salary because that's when you are in the best sort of position to jump.

Re: 2019 Bonus Discussion

by Desert Fox » Thu Nov 14, 2019 5:08 pm

midlevels and juniors get a bit screwed because senior associates gotta get a bigger bonus but our all in cop is over 400k, which is a lot considered half of them are barely hanging on / checking out.

Re: 2019 Bonus Discussion

by Skers » Wed Nov 13, 2019 10:36 am

Slytherpuff wrote:
Tue Nov 12, 2019 2:40 pm
You've forgotten the NY to 180 190 200 spirit already. Stay optimistic and keep bringing it up until it happens. Save the downturn talk for elsewhere.
At this point I just settle for free bubbly water.

Re: 2019 Bonus Discussion

by 210Watch » Wed Nov 13, 2019 9:45 am

NY to $210k.

Re: 2019 Bonus Discussion

by Johannes » Tue Nov 12, 2019 10:22 pm

Hoping for raises before the downturn is just asking for a duller blade before the lathaming

Ny remains; everyone else to 160k please and thank you

Re: 2019 Bonus Discussion

by Slytherpuff » Tue Nov 12, 2019 2:44 pm

Here's where everyone's at so far though:
https://abovethelaw.com/2019/11/biglaw- ... fall-2019/

Re: 2019 Bonus Discussion

by Slytherpuff » Tue Nov 12, 2019 2:40 pm

You've forgotten the NY to 180 190 200 spirit already. Stay optimistic and keep bringing it up until it happens. Save the downturn talk for elsewhere.

Re: 2019 Bonus Discussion

by BlendedUnicorn » Tue Nov 12, 2019 11:59 am

Skers wrote:
Tue Nov 12, 2019 11:21 am
No one is raising this year. Everyone will be batten down the hatches and waiting to see if there's a downturn next year based on partner convos and hiring trends around here.
This is my sense as well

Re: 2019 Bonus Discussion

by Skers » Tue Nov 12, 2019 11:21 am

No one is raising this year. Everyone will be batten down the hatches and waiting to see if there's a downturn next year based on partner convos and hiring trends around here.

Re: 2019 Bonus Discussion

by Slytherpuff » Tue Nov 12, 2019 11:00 am

Paul Weiss didn't feel like rocking the boat though:
https://abovethelaw.com/2019/11/biglaw- ... ouncement/

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