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2005 Base & 2004 Boni Table Skeks_in_the_city January 05, 2005 08:20 pm
I added Shearman to the 2004 boni table. I'm also adding base comp for 2005. I expect a number of firms to match Sully. If Ali, Plated, feed_me, Suitguy or someone else I consider reliable posts additional comp info, I'll add it.

These firms are generally up or out, so if you probably won't last long enough to become an eighth year. Accordingly, don't plan on getting to the stage of at least $X.


2005 Base Compensation
Firm
2003
2002
2001
2000
1999
1998
1997
1996
Sullivan, NY
$125,000

$135,000
$150,000
$170,000
$190,000
$210,000
$225,000
$240,000
at least $240,000

Next up, the 2004 compensation info:

2004 Boni
Firm
2004
2003
2002
2001
2000
1999
1998
1997
1996
Cleary, NY
$30,000 prorated
$30,000
$35,500
$40,000
$45,000
$50,000
$55,000
$60,000
at least $60,000
Cravath, NY
$30,000 prorated
$30,000
$35,500
$40,000
$45,000
$50,000
$55,000
$60,000
at least $60,000
Davis, NY
$30,000 prorated
$30,000
$35,500
$40,000
$45,000
$50,000
$55,000
$60,000
at least $60,000
Debevoise, NY
$30,000 prorated
$30,000
$35,500
$40,000
$45,000
$50,000
$55,000
$60,000
at least $60,000
Paul Weiss, NY
$30,000 prorated
$30,000
$35,000
$40,000
$45,000
$45,000
$50,000
$60,000
at least $60,000
Shearman, NY**
$30,000 prorated
$30,000
$35,500
$40,000
$45,000
$50,000
$55,000
$60,000
at least $60,000
Simpson, NY
$30,000 prorated
$30,000
$35,500
$40,000
$45,000
$50,000
$55,000
$60,000
at least $60,000
Skadden, Chicago & NY ***
$1,000
$12,500
$16,500
$16,500
$20,000
$27,500
$35,000
$37,500
$45,000
Sullivan, NY
$30,000 prorated
$30,000
$35,500
$40,000
$45,000
$50,000
$55,000
$60,000
at least $60,000
Willkie, NY
$30,000 prorated
$30,000
$35,500
$40,000
$45,000
$50,000
$55,000
$60,000
at least $60,000

** In the post-bubble recession, Shearman fired associates to avoid paying retention boni. These firms are generally all up-or-out though, so it's likely than any of them will can your @ss between your third and your eigth year.

*** In some years, Skadden pays lower boni in branch offices than it does in NY for GAs third year and more senior.

2004 Total Compensation
Firm
2003
2002
2001
2000
1999
1998
1997
1996
Cleary, NY
$155,000

$170,000
$190,000
$215,000
$240,000
$260,000
$280,000
at least $280,000
Cleary, NY
$155,000

$170,000
$190,000
$215,000
$240,000
$260,000
$280,000
at least $280,000
Cravath, NY
$155,000

$170,000
$190,000
$215,000
$240,000
$260,000
$280,000
at least $280,000
Davis, NY
$155,000

$170,000
$190,000
$215,000
$240,000
$260,000
$280,000
at least $280,000
Debevoise, NY
$155,000

$170,000
$190,000
$215,000
$240,000
$260,000
$280,000
at least $280,000
Paul Weiss, NY
$155,000

$170,000
$190,000
$215,000
$240,000
$260,000
$280,000
at least $280,000
Shearman, NY**
$155,000

$170,000
$190,000
$215,000
$240,000
$260,000
$280,000
at least $280,000
Simpson, NY
$155,000

$170,000
$190,000
$215,000
$240,000
$260,000
$280,000
at least $280,000
Skadden, Chicago ***
$152,500

$166,500
$186,500
$199,000
$217,500
$235,000
$249,500
$260,000
Skadden, NY
$152,500

$166,500
$186,500
$205,000
$227,500
$247,000
$257,500
$270,000
Sullivan, NY
$155,000

$170,000
$190,000
$215,000
$240,000
$260,000
$280,000
at least $280,000
Willkie, NY
$155,000

$170,000
$190,000
$215,000
$240,000
$260,000
$280,000
at least $280,000
** In the post-bubble recession, Shearman fired associates to avoid paying retention boni. These firms are generally all up-or-out though, so it's likely than any of them will can your @ss between your third and your eigth year.

*** Skadden pays lower base compensation in branch offices than it does in NY for GAs fourth year and more senior.

  Replies (view all)
message 44281 by sasmfslave
message 44273 by armaan
message 44263 by MetsFan
message 44262 by Skeks_in_the_city

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