Year-End Bonus Watch: Washington, DC
We have to step away for a bit. We'll leave you with another open thread to discuss year-end bonuses. Today we focus on our base of operations: WASHINGTON, DC.
If your firm has a stated bonus policy, what are the basic terms? If not, what are you expecting by way of a bonus this year? How will the move to $160K affect year-end bonuses in the D.C. market?
Please discuss these and related subjects, in the comments. Thanks.
Earlier: Year-end bonus open threads for New York, Los Angeles, and Chicago.












Comments
first in DC!~
Posted by: first | September 24, 2007 11:55 AM
I honestly have no idea what I will be getting for hitting 2000 as a 3rd year. It's not secret, but I've never taken the time to find out.
What should I expect?
I hear we are in the middling range.
Posted by: Anon | September 24, 2007 12:03 PM
Okay, okay, I'll go first:
Orrick - For first years:
$25k at 2000 hrs,
$10k-$15k at 2100 hrs (whatever it takes to match the NYC market of $35k-$40k)
More money for more hours but you really should stop at 2101.
http://www.abovethelaw.com/2007/05/skaddenfreude_heres_the_orrick.php
Posted by: O Face | September 24, 2007 12:04 PM
Diminishing marginal utility of money?
WHAAAAAAA-OOOOWWWWWWW
Posted by: Flava Flaaaaav | September 24, 2007 12:22 PM
We're Vault 100, towards the bottom. Here's our info. It's been in effect since 2004.
Anything between 1950 and 2100 is discretionary. Guaranteed 15k at 2100.
The chart reflects bonus ranges for 2200, 2400 and 2600
1st and 2nd
$19,000 - 21,000
$27,000 - 32,000
$36,000 - 45,000
3rd and 4th
$20,000 - 26,000
$32,000 - 40,000
$43,000 - 55,000
5th and 6th
$25,000 - 30,000
$39,000 - 47,000
$52,000 - 65,000
7th and above
$27,000 - 32,000
$46,000 - 54,000
$62,000 - 75,000
Posted by: Anonymous | September 24, 2007 12:26 PM
American Lawyer has the results of their midlevel associate survey here. It has median bonus numbers for third-, fourth-, and fifth-year associates at several firms.
Scanning the numbers, one thing jumps out at me: Covington, Hogan, and A&P's numbers are all really low, compared to some of the other firms. Some of those firms are NY firms that pay lock-step bonuses, but what about Wilmer?
So are bonuses at those firms really that low, or are there differences in who answers the survey?
Posted by: clerkin' | September 24, 2007 12:32 PM
Anyone know about Hogan? I hear its a great firm with terrible bonuses.
Posted by: Anonymous | September 24, 2007 12:39 PM
12:03:
How could someone tell you what to expect without knowing which firm you work for?
Posted by: Anonymous | September 24, 2007 12:41 PM
Can anyone provide information regarding Howrey's bonus structure? I am particularly interested in 3rd and 4th year bonuses.
Posted by: Anonymous | September 24, 2007 12:42 PM
Does anyone actually bill 2600 hours? If so, they should spent their bonus on their office, because it is pretty clear they never leave it. Seriously, what good does it do you to own a BMW if all you do is drive it to/from work.
I will work my 2000, get my smaller bonus, and see my trophy wife at night.
Posted by: Anonymous | September 24, 2007 12:57 PM
12:42, If Howrey's bonuses are as amorphous as its non-lock-step salaries then no one can tell you.
I guess you just have to trust them to pay you fairly.
Of course they will . . .
Posted by: Anonymous | September 24, 2007 01:01 PM
I will work my 1950, get my smaller bonus, and see 12:57's trophy wife in the afternoon.
Posted by: Back Door Man | September 24, 2007 01:08 PM
Any word on Baker & McKenzie? I heard they were smaller than industry, but haven't heard by how much.
Posted by: Anonymous | September 24, 2007 01:14 PM
Any word on Baker & McKenzie? I heard they were smaller than industry, but haven't heard by how much.
Posted by: Anonymous | September 24, 2007 01:14 PM
Any info on K&L Gates
Posted by: Anon | September 24, 2007 01:20 PM
Any info on Kathleen Boozang?
Posted by: Anonymous | September 24, 2007 01:24 PM
Any info on Kathleen Boozang?
Rumor has it she is a fat and obnoxious administrator/professor at a 2nd rate law school.
Posted by: Yes I Do | September 24, 2007 01:32 PM
Yeah - I second the request for info on Hogan bonuses...
Posted by: Anonymous | September 24, 2007 01:33 PM
12:42, 1:14, and 1:20-
If your firms' bonuses were even close to competitive they would publish them, not hide them. If you have looked around and can't find a memo or something then you can probably assume the worst - -
which is that after busting your butt all year and walking out of the office at 10:00pm and seeing those guys from Skadden across the street leaving at the same time as you, you're going to get a $5k bonus, which after taxes is about the same as a handshake, and the guys doing the same work for the same hours across the street are going to get $40k. Sorry.
Posted by: the truth hurts a lot today | September 24, 2007 01:33 PM
Any information on Gibson Dunn bonuses would be appreciated.
Posted by: Anonymous | September 24, 2007 01:46 PM
What does Gibson Dunn pay in D.C. for 2nd-years, 3rd-years, etc.?
Posted by: A | September 24, 2007 01:54 PM
1:54, For GDC just take Orrick's bonuses and match them or bump them by $5k.
Posted by: Anonymous | September 24, 2007 02:01 PM
White & Case?
Posted by: Anonymous | September 24, 2007 02:05 PM
Sorry for all of the questions but I'm about to start OCI and I really like GDC. Do you think they are at DC market or are they below?
Posted by: Anonymous | September 24, 2007 02:06 PM
W&C and GDC will both at least match market. They're not stingy (with money, at least ---- partnership prospects are a different story).
Posted by: Anonymous | September 24, 2007 02:08 PM
Any informaiton on Jones Day bonuses? I heard that hours are calculated from July to July; do they give a bonus in the summer, or do they take into account post-July hours when coming up with your year-end bonus? Some have said they don't pay bonuses, but that can't be try, can it?
Posted by: info please | September 24, 2007 02:10 PM
I wonder whether Williams & Connolly will start paying bonuses (since they didn't raise their base salaries in response to the latest D.C. raise, making them only slightly above market).
Posted by: Anonymous | September 24, 2007 02:14 PM
Thanks for the quick response. What practice in D.C. has the best capital markets work in terms of deals, etc.?
Posted by: 1:54 | September 24, 2007 02:15 PM
Thanks for the quick response. What practice in D.C. has the best capital markets work in terms of deals, etc., or at least leads into the best in-house positions? Thanks.
Posted by: 1:54 | September 24, 2007 02:15 PM
It's true. Generally, no bonuses at JD.
Posted by: anon | September 24, 2007 02:16 PM
JD is notoriously cheap, and despite the "One Firm Worldwide" mantra, is all about what Cleveland wants. In major markets like NY, their billing rates are substantially below those of its competitors, which tells me that they are trying to compete on price, not quality of the legal work. Around the time of the Pinnie & Edmonds merger in 2003/04, literally dozens of associates left in the wake of the firm's failure to give any bonuses whatsoever, despite other market firms doing so.
Posted by: Anonymous | September 24, 2007 02:23 PM
RE: Baker & McKenzie -
a commenter in a previous post claimed that B&M pays 5% at 2100 hours and nothing before (http://www.abovethelaw.com/2007/08/fall_recruiting_open_thread_va_7.php)
though i don't know if this is true
Posted by: anon | September 24, 2007 02:25 PM
2:23:
If this is true, why does anyone stay at JD? I know for a fact that there are many well-qualified lawyers working at JD. Why wouldn't they jump ship, even if to a less prestigous firm, in order to get the bonus they deserve? I can't make sense of it.
Posted by: Anonymous | September 24, 2007 02:31 PM
1:54, for DC cap markets you can go to McKee, CWT or Orrick (for straight-up NYC style work).
Posted by: Anonymous | September 24, 2007 02:44 PM
2:25, it's true, then 10% at 2200, 15% at 2300...
Posted by: yes | September 24, 2007 02:46 PM
2:31, if the associates at JD like the clients and the partners they might stay. They also might have a Williams & Connolly factor going if it's easier to make partner there. That's worth a hell of a lot.
Posted by: hypothesist | September 24, 2007 02:46 PM
I don't work in law and get no bonus and see 12:57's trophy wife in the morning so that 1:08 is enjoying my sloppy seconds by the time he arrives in the afternoon!
Posted by: mail man | September 24, 2007 02:50 PM
L2L is 12:57's trophy wife.
Posted by: Anonymous | September 24, 2007 03:08 PM
Jones Day pays bonuses. At least to those associates who actually do something.
Posted by: Anonymous | September 24, 2007 03:18 PM
3:18
define "something"
Posted by: Anonymous | September 24, 2007 03:29 PM
So, as I understand it, most DC firms (with W+C and JD standing out as major exceptions) pay according to the Orrick scale?
Posted by: A | September 24, 2007 03:32 PM
I'm a 2L wading through the callback/offer process. Is there any way to tell, among the Vault 100, which provide the best partnership opportunities, and which are best/worst for bonuses?
Posted by: Anonymous | September 24, 2007 03:34 PM
12:57
If youre only billing 2000 hours, Ill take my chances with L2L over that TTT's probability of making you partner. He's better in bed anyway.
Posted by: Trophy Wife | September 24, 2007 03:35 PM
12:26 posted Howrey bonuses for 2004-2007. For 2008, bonuses are supposed to be included in your salary.
Posted by: Anonymous | September 24, 2007 04:04 PM
3:32, most firms in DC pay less than the Orrick scale above. GDC and W&C are both from out of town and are both hugely profitable.
Proof: Ask someone who works for Dickstein or Arent Fox what kind of bonus they get. (or K&L Gates, K&S, A&B, Venable, Howrey, Baker anything, or any other firm that's not made out of money)
Posted by: to A | September 24, 2007 04:17 PM
3:34, you'll just have to ask some associates on your callbacks. Hopefully at least a few will be honest.
Posted by: Anonymous | September 24, 2007 04:19 PM
Let me be clear - Jones Day was, by and large, a good place to work, bordering on great if you happened to be a litigator (I was not, but still enjoyed my time there). However, the failure to pay bonuses - and the poor manner in which that decision was communicated (it was rumored, very plausibly, that the partners responsible for communicating bonuses and other compensation matters to associates were unaware until the night before "envelope day" that no bonuses would be paid except to a very small handful of senior associates who happened to be up for partner) - resulted in poor associate morale and, consequently, a fairly large exodus of associates. A shame, really.
Posted by: 2:23 | September 24, 2007 04:26 PM
I assume 2:23 is talking about the NY office. Jones Day's Washington office doesn't pay bonuses. There are lots of good reasons to work at the place, but bonuses is not one of them.
Posted by: Anonymous | September 24, 2007 04:46 PM
Third to the request for info on Hogan.
Posted by: Anon | September 24, 2007 05:01 PM
I was indeed speaking of the NY office - but it was my understanding that such was the practice firmwide - I may have been mistaken. And I agree on it being a good place to work, overall, so long as you can focus on the work itself. But dollar-wise, it isn't the best among similarly-ranked BigLaw firms.
Posted by: 2:23 | September 24, 2007 05:10 PM
any insight on the difficulty of making partner at JD?
Posted by: Anonymous | September 24, 2007 05:21 PM
I am a 5th year JD associate (in an office outside of Ohio) and have received a bonus every single year. I cannot speak for other associates, but they do pay bonuses to some.
Posted by: Anonymous | September 24, 2007 05:23 PM
First to request info on Hogan
Posted by: Fifth | September 24, 2007 05:24 PM
5:23
Are you sworn to secrecy within the Firm? Do associates talk to each other about this kind of thing?
Posted by: Anonymous | September 24, 2007 05:34 PM
5:23
Was this bonus you speak of legitimate/substantial, or was it some nominal/token amount?
Posted by: Anonymous | September 24, 2007 05:36 PM
Dechert pays very poor bonuses, at least at the lower end of the scale. <$10,000 for the 2000 hr range and <$15,000 for the 2150-2200 hr range.
With the pay raise this year, I can't imagine things will improve.
Posted by: DC Associate | September 24, 2007 06:03 PM
Last year Goodwin DC (and all its offices, I think) matched the Ropes bonus scale: 1st years: $35,000, 2nd years $40,000, and then less for more senior associates -- all starting at 1850 hours. They explained the bonus compression for mid-levels by relying on a total comp perspective. But a very good deal for junior associates.
Posted by: Anon | September 24, 2007 06:29 PM
Perkins apparently raised base salary in Seattle to 130K for first years and 150K for IP first years. Has their DC office at least matched that 150K across the board? Any info? That, of course, would affect the impact/size of any DC bonus, I'd assume.
Posted by: Anon | September 24, 2007 06:55 PM
WilmerHale bases bonuses mostly on hours and includes all pro bono hours toward its bonus benchmarks. In rare cases it will bump someone up or down a notch if their work is unusually bad or exceptional. This is WilmerHale's scale for every US office except New York:
1st Years:
$15,000 for 1850
$30,000 for 2000
$35,000 for 2200
$40,000 for 2400
2nd Years:
$15,000 for 1850
$30,000 for 2000
$37,000 for 2200
$45,000 for 2400
3rd Years:
$15,000 for 1850
$35,000 for 2000
$42,000 for 2200
$50,000 for 2400
4th Years:
$15,000 for 1850
$35,000 for 2000
$42,000 for 2200
$50,000 for 2400
5th Year:
$15,000 for 1850
$38,000 for 2000
$45,000 for 2200
$55,000 for 2400
6th Year:
$15,000 for 1850
$40,000 for 2000
$50,000 for 2200
$65,000 for 2400
Posted by: Anonymous | September 24, 2007 07:11 PM
Why is info in DC so much more difficult to come about than in NY. In NY I feel like this info is widely known and pretty the same across the board.
Posted by: Anon | September 24, 2007 07:18 PM
I have heard (unofficiall) that Hunton (every office) has the following bonus structure
2000 (minimum): 0k
2150: 20k
However, they stress that there is NO automatic right to a bonus and that it will be measured looking at everything on the whole.
Also, i've heard that its rare that people get bonuses
Posted by: Anonymous | September 24, 2007 08:16 PM
Any info on K&L Gates, Venable or other DC focused firm? There are only 4 or 5 helpful posts so far.
Posted by: anon | September 24, 2007 08:48 PM
I am a Jones Day associate in DC. They don't pay bonuses. I don't think its prohibited, and maybe 5 or 6 associates get them to be the exceptions that prove the rule, but do not go to Jones Day expecting to get a bonus. Or market salary after the first year. Figure to get a 5k-10k raise every year (so after taxes, you can maybe buy 1 or 2 nice suits to wear to the business formal office), and that's that. Don't think about the people across the street making a lot more for a lot less work, it'll just make you depressed. You'd assume that Jones Day would be ashamed that they lose associates every year b/c of money, but then you would be making an ass out of u and me.
Posted by: JD ass. | September 24, 2007 09:18 PM
Venable pays their bonuses in the "golden handcuff" fashion; half up front, half in June. I don't think there is really any scale, but look at the scale posted at 12:26pm for just the 3rd/4th years, and that sounds about right as the scale for all years at Venable with a little less at more junior years ("junior" = 1-4) and a little more at more senior years ("senior" = 4-8).
Posted by: venable | September 24, 2007 09:35 PM
Do smaller markets like Denver, Hartford, New Jersey, etc. pay bonuses??
Posted by: Anonymous | September 24, 2007 11:02 PM
As far as I know, A&P pays bonuses as follows:
1950, of which 150 can be pro bono:
$15,000
2200, of which 330 can be pro bono:
$30,000
2400, of which 360 can be pro bono:
$62,000
Posted by: anonymous | September 24, 2007 11:04 PM
I know that several firms (including GDC and Latham) provide signing bonuses to incoming first year associates. Do they also pay year end bonuses?
Do most national firms (like Wilmer, Orrick, GDC, L+W) have unified bonus scale outside of NY, or do they have office specific bonus determinations?
Posted by: Anonymous | September 24, 2007 11:04 PM
hey late to the discussion law students: this is a city by city breakdown. Because you were unable to determine that or too lazy to look up the discussion under the other cities, I hereby declare you too stupid to get hired. No bonus for you.
Posted by: Anonymous | September 25, 2007 12:46 AM
Any info on Patton Boggs?
Posted by: Anonymous | September 25, 2007 04:17 AM
How are Steptoe's bonuses?
Posted by: Anonymous | September 25, 2007 09:21 AM
I second the request for Steptoe info...
Posted by: anonymous | September 25, 2007 09:31 AM
7:11, that was Wilmer's bonuses pre-$160k salary scale. You have to knock $15k off the bonus at each level of your list starting this year. They cut back, like MoFo and Howrey.
Posted by: WH | September 25, 2007 10:17 AM
Steptoe and Patton Boggs are going to be a lot closer to the Dechert scale than the Latham/GDC scale. Sorry. Plus they have compression in salaries.
Posted by: firms that dragged feet to raise pay small bonuses | September 25, 2007 10:19 AM
Another request for Hogan info....
Posted by: anonymous | September 25, 2007 10:21 AM
any info on covington?
Posted by: Anonymous | September 25, 2007 10:24 AM
11:04, Orrick's bonuses are for all US offices, and LW and GDC probably do the same thing.
Posted by: Anonymous | September 25, 2007 10:27 AM
Any info on Sidley?
Posted by: Anonymous | September 25, 2007 10:55 AM
Any info on Sidley?
Posted by: Anonymous | September 25, 2007 10:56 AM
Still no info on Hogan - must mean they don't give much...
Posted by: Anonymous | September 26, 2007 02:56 PM
I second the request for info on Sidley. Does it differ any from the bonus structure of their Chicago office?
Posted by: Anonymous | September 26, 2007 03:29 PM
O'Melveny DC please?
Posted by: Anonymous | September 26, 2007 06:41 PM
This is very anecdotal (from a couple of first years at Hogan). They each made their hours, but I don't think either billed substantially more than the minimum. Each got $15K. Both friends like Hogan, incidentally.
Another friend, a first year at Jenner, got $20K for billing just over 2000 hours (their minimum).
Posted by: Friend of Hogan Associates | September 28, 2007 04:42 PM
Any info on Willkie Farr?
Posted by: Anonymous | October 3, 2007 09:59 AM
I am a first year at Hogan and I couldn't even tell you how it works exactly. The fact that it is such a secret generally means it isn't good. Co-workers have told me that it's 0k for 1950 hours (100 of which can be pro bono), and that most associates who work somewhere in the 2000-2100 range get 10-15k. I believe it is capped below the range that many NY firms pay because associates who bill a lot don't seem terribly happy with their bonuses. But if you actually want to practice law and not just make a quick buck for 2-4 years, a firm is more than its bonuses. Hogan doesn't bill its associates at the same rates that Skadden does and so can't be expected to pay the same bonus.
Posted by: anon | October 10, 2007 04:47 PM
baker botts dc bonuses are a joke. 1st year: 5k for 2000 hrs, 5k more for 2100 hrs. And although it goes up from there, bonuses for 6th yrs at 2000 hrs are still less than 45k. Yet they expect 2000 hours!
Posted by: argh | October 11, 2007 10:24 AM
Does anybody know anything about Steptoe?
Posted by: Anonymous | October 12, 2007 11:16 AM
Any info on Pillsbury?
Posted by: gal | November 19, 2007 12:31 AM
Any info on Pillsbury?
Posted by: gal | November 19, 2007 12:32 AM
Still looking for current Hogan bonus info. Is there any out there?
Posted by: Anonymous | November 21, 2007 01:09 PM