2019 Bonus Discussion

[BigZuck]

I don’t think it’s happening y’all.

Moderators: Please.

[Jubo]

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."

[Nony]

I don’t think it’s happening y’all.

Moderators: Please.

I love that it is this thread that lured you back into posting.

[Slytherpuff]

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

[BigZuck]

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.

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

(Gets it)

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.

[Br3v]

Are we getting NOBONUSED?

[Slytherpuff]

Are we getting NOBONUSED?

Too soon to tell!

[North]

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

When did Milbank announce last year?

[BigZuck]

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!)

[Jubo]

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

[Bonus]

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

[BigZuck]

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!

[Danger Zone]

But what about bringing attention to the cause

Let's riot ITT

[Jubo]

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]

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

[Pulsar]

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

[North]

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]

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/

[Slytherpuff]

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]

NO BONUS

[cfcm]

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?

[Slytherpuff]

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]

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

[BigZuck]

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]

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

do absolutely nothing about it