2019 Bonus Discussion

Bonuses this year will be...?

Up!
2
20%
Flat
7
70%
Down
0
No votes
NO BONUS
1
10%
 
Total votes: 10

BigZuck
Posts: 176
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Re: 2019 Summer Bonus Discussion

Post by BigZuck » Thu May 30, 2019 1:42 pm

Dr Nefario wrote:
Thu May 30, 2019 11:36 am
I don’t think it’s happening y’all.
Moderators: Please.

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Jubo
Posts: 765
Joined: Sun May 20, 2018 7:43 pm

Re: 2019 Summer Bonus Discussion

Post by Jubo » Thu May 30, 2019 2:43 pm

I have a friend who works at Paul, Weiss who claims to have overheard one partner talking to another (before a meeting with Nintendo in-house) complaining that the upcoming summer bonus is "excessive."

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Nony
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Re: 2019 Summer Bonus Discussion

Post by Nony » Thu May 30, 2019 2:56 pm

BigZuck wrote:
Thu May 30, 2019 1:42 pm
Dr Nefario wrote:
Thu May 30, 2019 11:36 am
I don’t think it’s happening y’all.
Moderators: Please.
I love that it is this thread that lured you back into posting.

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Slytherpuff
Posts: 4096
Joined: Thu Jan 25, 2018 10:08 pm

Re: 2019 Summer Bonus Discussion

Post by Slytherpuff » Thu May 30, 2019 3:04 pm

Let's keep talking about it until we make it happen.

BigZuck
Posts: 176
Joined: Thu Jan 25, 2018 4:22 pm

Re: 2019 Summer Bonus Discussion

Post by BigZuck » Thu May 30, 2019 3:53 pm

Jubo wrote:
Thu May 30, 2019 2:43 pm
I have a friend who works at Paul, Weiss who claims to have overheard one partner talking to another (before a meeting with Nintendo in-house) complaining that the upcoming summer bonus is "excessive."
Bless you.
Slytherpuff wrote:
Thu May 30, 2019 3:04 pm
Let's keep talking about it until we make it happen.
(Gets it)
Nony wrote:
Thu May 30, 2019 2:56 pm
BigZuck wrote:
Thu May 30, 2019 1:42 pm
Dr Nefario wrote:
Thu May 30, 2019 11:36 am
I don’t think it’s happening y’all.
Moderators: Please.
I love that it is this thread that lured you back into posting.
Let’s be real the money is the only thing that motivates BIG LAWYERS

Also (and somewhat relatedly) I just barely got a Peloton so I don’t quite feel equipped to post in that thread yet.

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Br3v
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Re: 2019 Summer Bonus Discussion

Post by Br3v » Tue Jun 11, 2019 7:12 am

Are we getting NOBONUSED?

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Slytherpuff
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Re: 2019 Summer Bonus Discussion

Post by Slytherpuff » Tue Jun 11, 2019 10:49 am

Br3v wrote:
Tue Jun 11, 2019 7:12 am
Are we getting NOBONUSED?
Too soon to tell!

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North
Posts: 1850
Joined: Thu Jan 25, 2018 2:44 pm

Re: 2019 Summer Bonus Discussion

Post by North » Mon Jun 17, 2019 10:43 am

with how busy everyone's been, we sure as hell better get them

When did Milbank announce last year?

BigZuck
Posts: 176
Joined: Thu Jan 25, 2018 4:22 pm

Re: 2019 Summer Bonus Discussion

Post by BigZuck » Mon Jun 17, 2019 1:50 pm

North wrote:
Mon Jun 17, 2019 10:43 am
with how busy everyone's been, we sure as hell better get them

When did Milbank announce last year?
First week of June and Cravath had already one upped them by now I think.

Lol bonus believers, it ain’t happening

(I hope that reverse jinx works!)

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Jubo
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Re: 2019 Summer Bonus Discussion

Post by Jubo » Thu Jun 27, 2019 7:46 pm

bump to troll those monitoring this thread in hopes of news of a summer bonus

Bonus

Re: 2019 Summer Bonus Discussion

Post by Bonus » Mon Jul 01, 2019 10:43 am

May some firm will try to garnish some goodwill by announcing Wednesday before the long Holiday weekend?

BigZuck
Posts: 176
Joined: Thu Jan 25, 2018 4:22 pm

Re: 2019 Summer Bonus Discussion

Post by BigZuck » Tue Jul 02, 2019 12:25 pm

Bonus wrote:
Mon Jul 01, 2019 10:43 am
May some firm will try to garnish some goodwill by announcing Wednesday before the long Holiday weekend?
Mods plz out and ban this CRAVEN COWARD

Guys don’t bump the thread until our summer bonuses are official. Thanks!

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Danger Zone
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Re: 2019 Summer Bonus Discussion

Post by Danger Zone » Tue Jul 02, 2019 1:51 pm

But what about bringing attention to the cause

Let's riot ITT

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Jubo
Posts: 765
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Re: 2019 Summer Bonus Discussion

Post by Jubo » Tue Aug 27, 2019 3:26 pm

This is a post from an anon user on TLS. I wish we had this caliber of NYCto200 posting on LSL tbh.
I just got drinks with a Milbank bankruptcy senior recently. He seems plugged-in and isn't inclined to bullshit but also obviously doesn't have any power whatsoever on this.

Per him, Milbank thought the raise to 190k would really increase the quality of their applicants. He doesn't think that happened this cycle, mostly because everyone matched. Milbank also wants to cement itself as a "top" firm, it knows that it doesn't have a name that rings out (to the casual ear) as much as PW, STB, etc. Per him, not only does Milbank rarely get screeners with "top" candidates, but many of those "top" candidates either cancel their callbacks or ultimately go to a more traditionally known top firm.

The solution, he is hearing, is a substantial raise once the recession starts in earnest because 1.) their bankruptcy group will more than keep the firm afloat and 2.) not everyone will be able to match. He thinks Milbank to 205 in 2020 or 2021, because Cadawalder, Shearman, DLA won't be able to match then and it will distinguish Milbank from other shops and therefore place them in the STB/PW/DPW/Skadden tier and get them quality people accordingly.

Intentionally anon because easy to figure out who I spoke to from my post history.

BostonRob
Posts: 743
Joined: Sat Sep 01, 2018 8:00 pm

Re: 2019 Summer Bonus Discussion

Post by BostonRob » Fri Aug 30, 2019 2:39 pm

Does anyone besides the Recruiting Department and idk maybe like the hiring partner care about "Top 1Ls"?

Pulsar

Re: 2019 Summer Bonus Discussion

Post by Pulsar » Sun Sep 01, 2019 11:21 am

How is there not wild speculation that 200-lawyer Patterson shall now make us all rich

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North
Posts: 1850
Joined: Thu Jan 25, 2018 2:44 pm

Re: 2019 Summer Bonus Discussion

Post by North » Sun Sep 01, 2019 1:51 pm

Pulsar wrote:
Sun Sep 01, 2019 11:21 am
How is there not wild speculation that 200-lawyer Patterson shall now make us all rich
ATL isn’t saying anything, do you know something we don’t

cfcm
Posts: 2161
Joined: Fri Jan 26, 2018 8:20 pm

Re: 2019 Summer Bonus Discussion

Post by cfcm » Mon Sep 02, 2019 8:20 pm

North wrote:
Sun Sep 01, 2019 1:51 pm
Pulsar wrote:
Sun Sep 01, 2019 11:21 am
How is there not wild speculation that 200-lawyer Patterson shall now make us all rich
ATL isn’t saying anything, do you know something we don’t
https://abovethelaw.com/2019/08/as-summ ... r-bonuses/

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Slytherpuff
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Re: 2019 Summer Bonus Discussion

Post by Slytherpuff » Thu Nov 07, 2019 2:13 pm

cfcm wrote:
Mon Sep 02, 2019 8:20 pm
Bonus announcements are trickling out, can we get a new poll (is Cravath going to bump up bonuses, are we staying the same as last year, are all of our bonuses getting revoked in December due to a recession)?

cfcm
Posts: 2161
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Re: 2019 Summer Bonus Discussion

Post by cfcm » Thu Nov 07, 2019 3:10 pm

NO BONUS

cfcm
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Re: 2019 Summer Bonus Discussion

Post by cfcm » Thu Nov 07, 2019 3:40 pm

Slytherpuff wrote:
Thu Nov 07, 2019 2:13 pm
cfcm wrote:
Mon Sep 02, 2019 8:20 pm
Bonus announcements are trickling out, can we get a new poll (is Cravath going to bump up bonuses, are we staying the same as last year, are all of our bonuses getting revoked in December due to a recession)?
Updated! Who has announced so far?

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Slytherpuff
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Joined: Thu Jan 25, 2018 10:08 pm

Re: 2019 Bonus Discussion

Post by Slytherpuff » Thu Nov 07, 2019 4:10 pm

Milbank is out so far: https://abovethelaw.com/2019/11/breakin ... -are-here/
Edit: Same as last year.

Cravath needs to step in and set a new Cravath scale for this year!

lolwat
Posts: 679
Joined: Mon Jan 29, 2018 2:06 am

Re: 2019 Bonus Discussion

Post by lolwat » Thu Nov 07, 2019 6:06 pm

This is the time of year I regret not being at a market-paying firm

BigZuck
Posts: 176
Joined: Thu Jan 25, 2018 4:22 pm

Re: 2019 Bonus Discussion

Post by BigZuck » Mon Nov 11, 2019 2:47 pm

Slytherpuff wrote:
Thu Nov 07, 2019 4:10 pm
Milbank is out so far: https://abovethelaw.com/2019/11/breakin ... -are-here/
Edit: Same as last year.

Cravath needs to step in and set a new Cravath scale for this year!
I like how celebratory the tone is of the ATL article when this is clearly tragic news.

Anyway this firm is obviously garbage and one to be avoided. Cravath better step the hell up and punish this firm for trying to head them off at the pass.

riot
Posts: 1431
Joined: Thu Jan 25, 2018 6:36 pm

Re: 2019 Bonus Discussion

Post by riot » Mon Nov 11, 2019 3:29 pm

If my year end bonus isn’t 32,500 on the nose I will...

do absolutely nothing about it

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