Reply to Tell me about your Chirstmas Bonus

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]$12k (5% of my salary)

I'm a senior associate at a biglaw firm that doesn't pay lockstep or match market bonuses. Believe it or not I'm a bit sour that I'm not getting $50k or whatever the "real" biglaw firms pay[/quote]

I'd be mad too! On the positive side, you have a good base salary![/quote]

To the lawyers on here - save save save that bonus. I made it 9 years and just found out that I won't make partner. I've lived like a monk and own a townhouse free and clear and paid off my loans. I'm actually looking forward to what comes next in my life. [/quote]

Saving it is impossible for all the lawyers who have high student loans.  I hear so many people balk at the high salaries that biglaw attorneys are paid, but when you come out of law with $200,000 in debt, that money goes fast and the bonuses only make a small dent.[/quote]

This makes no sense. Live like you make $60k, put the rest on the loans, and the loans are paid off in 5 years.  Then the next five years do the same on the mortgage. [/quote]

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