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Old 01-05-2020, 10:55 PM
Unregistered
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Originally Posted by Unregistered View Post
Hi, currently a trainee at a big four firm and have a general question about salaries.

I understand that salaries for associates at big four firms are frontloaded. Are we still eligible for a bonus, and if so, how is the bonus computed - how many months can we expect to get? Some posts on this forum have said that associates can get 6-9 months of bonus but I'm not sure if thats still relevant now since salaries are front loaded, and also 6-9 months sounds really generous. I know the recession will probably change things and bonuses will be low but i'm wondering about the "norm"

Also, are senior associate salaries front loaded as well or is it all performance based?

When I was interning at Drew, one of the partners told us that lawyers at Drew will be highly rewarded and there is no lock step system, "you will not have your light dimmed by the collective shade of everyone else" if you are a good performer. Is that actually true...?
Two of four of those firms have front-loaded salaries. Total "bonus" of 6-9 months of base salary means a year-end bonus of about 0-2.5 months of your gross monthly salary.
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