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Buchanan Ingersoll & Rooney PC
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One Oxford Centre
301 Grant Street, 20th Floor
Pittsburgh, PA 15219-1410
(412) 562-8800
http://www.bipc.com
Effective Date: January 2008
Associate Base Salary Bonus Range Bonus Year Low High Discretionary 1st Year $105,000 $35,000 Yes 2nd Year $107,500 $35,000 Yes 3rd Year $110,000 $35,000 Yes 4th Year $117,500 $60,000 Yes 5th Year $60,000 6th Year $60,000 7th Year $60,000 8th Year $60,000
General Salary Comments:
Up until January 2002, Buchanan Ingersoll had two separate bonus programs. The first, which was a stepped billable hours bonus, awarded associates up to $30,000 based upon the number of billable hours he or she billed over the 1950 minimum requirement. It was non-discretionary. The second program was a "merit" based program in which the amount of the bonus was based upon discretionary factors. An associate could earn up to an additional $30,000. Beginning in 2002, the automatic billable hour bonus was discontinued in favor of a totally discretionary-based bonus system in which the associate could earn up to $60,000 in bonuses. However, although billable hours play a part in the decision whether to award a bonus, the associate is no longer guaranteed a bonus for billing in excess of the billable requirement.Hours (Effective Date: January 2008): 2095 Worked ; 1899 Billed (see Base Salary Per Hour Worked chart)
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