2014 Year End Bonus Predictions Thread
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Poast new message in this thread
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Date: October 28th, 2014 3:26 PM Author: burgundy depressive
Who do you predict will not follow Cravath from the V10 (copied below, excluding non-lockstep firms)? I would think all will follow, even a 50% bump. Although 50% would be AMAZING!! $$$$$
S&C
Skadden
DPW
Weil
Simpson Thacher
Cleary
(http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26603458) |
Date: October 28th, 2014 3:27 PM Author: big site foreskin
Can someone remind us what the Cravath scale has been for the past few years?
tyia
(http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26603465) |
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Date: October 28th, 2014 3:44 PM Author: burgundy depressive
Here you go.
Class of 2013 — $10,000 (pro-rated)
Class of 2012 — $10,000
Class of 2011 — $14,000
Class of 2010 — $20,000
Class of 2009 — $27,000
Class of 2008 — $34,000
Class of 2007 — $40,000
Class of 2006 — $50,000
Class of 2005 — $60,000
So updated for this year, it would be:
Class of 2014 — $10,000 (pro-rated)
Class of 2013 — $10,000
Class of 2012 — $14,000
Class of 2011 — $20,000
Class of 2010 — $27,000
Class of 2009 — $34,000
Class of 2008 — $40,000
Class of 2007 — $50,000
Class of 2006 — $60,000
(http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26603604)
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Date: October 28th, 2014 3:51 PM Author: Henna cheese-eating sound barrier
i love that post that went something like this:
Class of 2014 — SHATTERS THE MARKET
Class of 2013 — SHATTERS THE MARKET
Class of 2012 — SHATTERS THE MARKET
Class of 2011 — SHATTERS THE MARKET
Class of 2010 — SHATTERS THE MARKET
Class of 2009 — SHATTERS THE MARKET
Class of 2008 — SHATTERS THE MARKET
Class of 2007 — YOU'RE A PARTNER
(http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26603661) |
Date: October 28th, 2014 5:07 PM Author: flushed godawful ladyboy
(poasters who dont work at BOIES)
LJL. enjoy your bonus watch
(http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604122) |
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Date: October 28th, 2014 5:21 PM Author: Flatulent theatre
Senior associates at top firms aren't really fungible. There is a big difference between the performance of a star and the worst associate on the floor in terms of hours, reliability, and work quality. (Shitty associates almost never get to work with the top partners, do depositions, run deals, etc.) There are also transaction costs to replacing associates like recruiter fees, lost time/hours while these new people learn relatively complicated internal systems/procedures, potential client issues, etc. The problem is that the "professional" nature of biglaw-including ethics/conflicts rules-makes quitting without another sure thing lined up nearly impossible. I guess this is all to say associates aren't fungible, but that they would have to be pretty severely underpaid before they considered walking out.
(http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604203) |
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Date: October 28th, 2014 5:19 PM Author: Low-t umber office haunted graveyard
hemorrhoids?
thinning hair?
20 lbs in the mid-section?
(http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26604189) |
Date: October 30th, 2014 11:50 PM Author: insanely creepy water buffalo property
Law360, San Diego (October 27, 2014, 3:50 PM ET) -- While BigLaw profits are slowly climbing in 2014, most associates should expect their year-end bonuses to stay flat, experts say, as lateral hiring remains sluggish and top firms aren't forced to pull out the stops to retain talent.
Legal industry consultants say the market is the healthiest it's been since the financial crisis but there is still an overabundance of law school graduates, making it difficult for associates to squeeze extraordinary bonuses from their firms.
(http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26618926) |
Date: November 7th, 2014 10:57 PM Author: Vivacious brunch
Class of 2014 — $12,500 (pro-rated)
Class of 2013 — $12,500
Class of 2012 — $15,000
Class of 2011 — $25,000
Class of 2010 — $35,000
Class of 2009 — $45,000
Class of 2008 — $55,000
Class of 2007 — $65,000
Class of 2006 — $75,000
(http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26671740)
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Date: November 14th, 2014 2:39 PM Author: burgundy depressive
I now predict the following for c/o 2008, 2007 and 2006:
2008: $60K
2007: $75K
2006: $90K
A 50% increase over the last several years.
(http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26716244) |
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Date: November 21st, 2014 11:26 AM Author: Pontificating Bbw
2000: 125 + 45
2014: 160 + 15
14 years for a 3% bump!
(http://www.autoadmit.com/thread.php?thread_id=2712092&forum_id=2#26764857) |
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