Jones Day Compensation Data Points Forum
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Re: Jones Day Compensation Data Points
Did current NLGs get bumped to $235K?
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Re: Jones Day Compensation Data Points
Yes, NLGs got bumped to 235.
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Re: Jones Day Compensation Data Points
Effectively means NLGs 10k under market for 2022
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Re: Jones Day Compensation Data Points
That’s assuming you all hit 2,000 hours.. which most firms require for a bonus. And the NLG structure isn’t set up in a way that is helpful for billing that many hours. Enjoy less work and a little less pay.
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Re: Jones Day Compensation Data Points
How’d people make out? I’ve heard mixed things—some with small bumps and others on par with last year’s significant raises. I’m a midlevel in a secondary market with about a 25% kick this year but still, as always, below market when including bonuses.
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Re: Jones Day Compensation Data Points
Pretty sure all NLGs got bumped, regardless of hours.Anonymous User wrote: ↑Fri Jun 24, 2022 6:48 pmThat’s assuming you all hit 2,000 hours.. which most firms require for a bonus. And the NLG structure isn’t set up in a way that is helpful for billing that many hours. Enjoy less work and a little less pay.
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Re: Jones Day Compensation Data Points
I'm happy, but I haven't heard from many others. Any other midlevels out there?Anonymous User wrote: ↑Fri Jun 24, 2022 7:46 pmHow’d people make out? I’ve heard mixed things—some with small bumps and others on par with last year’s significant raises. I’m a midlevel in a secondary market with about a 25% kick this year but still, as always, below market when including bonuses.
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Re: Jones Day Compensation Data Points
Midlevel here. Slightly higher than the current market base salary for the upcoming class year but really far from where the market is when you factor in bonuses. I’m disappointed.
Would seem like I’m doing great if I ignored the compensation, but the reality is gap is now significant compared to what I can make elsewhere (particularly as I have the hours to get market bonuses).
Shows where they value me… I’m now strongly considering a move elsewhere for the first time since joining and plan to respond to some (previously filtered) emails over the weekend.
Would seem like I’m doing great if I ignored the compensation, but the reality is gap is now significant compared to what I can make elsewhere (particularly as I have the hours to get market bonuses).
Shows where they value me… I’m now strongly considering a move elsewhere for the first time since joining and plan to respond to some (previously filtered) emails over the weekend.
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Re: Jones Day Compensation Data Points
Anybody know how much more JD-SCOTUS clerks make compared to market rates?
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Re: Jones Day Compensation Data Points
Question for JD folks. To those of you who are below market when factoring in bonuses but above when not, what are your hours? I think it’s pretty good to try above market base if you’re billing like 1800 hours since a comparable associate traditional firms wouldn’t get bonus and you’d be above them. I’ve only hit my hours twice in five years.
Looking into JD so want to be anon.
Looking into JD so want to be anon.
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Re: Jones Day Compensation Data Points
Knew someone in my office who typically would bill 1750-1800, involved in the firm (e.g., summer committee), and people generally liked them and they would make the market base for their class yearAnonymous User wrote: ↑Sun Jun 26, 2022 6:56 pmQuestion for JD folks. To those of you who are below market when factoring in bonuses but above when not, what are your hours? I think it’s pretty good to try above market base if you’re billing like 1800 hours since a comparable associate traditional firms wouldn’t get bonus and you’d be above them. I’ve only hit my hours twice in five years.
Looking into JD so want to be anon.
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Re: Jones Day Compensation Data Points
This is my situation. I’m 4-6 years in here and have been at 2,000-2,100 billable hours every year since I joined. Office in a big market too.Anonymous User wrote: ↑Sun Jun 26, 2022 6:56 pmQuestion for JD folks. To those of you who are below market when factoring in bonuses but above when not, what are your hours? I think it’s pretty good to try above market base if you’re billing like 1800 hours since a comparable associate traditional firms wouldn’t get bonus and you’d be above them. I’ve only hit my hours twice in five years.
Looking into JD so want to be anon.
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Re: Jones Day Compensation Data Points
Why are you staying at JD? I feel like it would make sense to stay at JD at a secondary market, but if I was making below market at those hours, I'd be a little upsetAnonymous User wrote: ↑Mon Jun 27, 2022 11:23 amThis is my situation. I’m 4-6 years in here and have been at 2,000-2,100 billable hours every year since I joined. Office in a big market too.Anonymous User wrote: ↑Sun Jun 26, 2022 6:56 pmQuestion for JD folks. To those of you who are below market when factoring in bonuses but above when not, what are your hours? I think it’s pretty good to try above market base if you’re billing like 1800 hours since a comparable associate traditional firms wouldn’t get bonus and you’d be above them. I’ve only hit my hours twice in five years.
Looking into JD so want to be anon.
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Re: Jones Day Compensation Data Points
Enough that they choose to go there over other options. I don't have any recent numbers but the one that walked over the parenting policy was making significantly over market on the old scale.Anonymous User wrote: ↑Sat Jun 25, 2022 9:53 amAnybody know how much more JD-SCOTUS clerks make compared to market rates?
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Re: Jones Day Compensation Data Points
Same anon here. I am upset. This is the first year the pay gap has become this obvious. I only just learned of my new salary, and have already started reaching out to other firms.Anonymous User wrote: ↑Mon Jun 27, 2022 3:41 pmWhy are you staying at JD? I feel like it would make sense to stay at JD at a secondary market, but if I was making below market at those hours, I'd be a little upsetAnonymous User wrote: ↑Mon Jun 27, 2022 11:23 amThis is my situation. I’m 4-6 years in here and have been at 2,000-2,100 billable hours every year since I joined. Office in a big market too.Anonymous User wrote: ↑Sun Jun 26, 2022 6:56 pmQuestion for JD folks. To those of you who are below market when factoring in bonuses but above when not, what are your hours? I think it’s pretty good to try above market base if you’re billing like 1800 hours since a comparable associate traditional firms wouldn’t get bonus and you’d be above them. I’ve only hit my hours twice in five years.
Looking into JD so want to be anon.
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Re: Jones Day Compensation Data Points
Good luck friend - I wish you well!Anonymous User wrote: ↑Mon Jun 27, 2022 11:26 pmSame anon here. I am upset. This is the first year the pay gap has become this obvious. I only just learned of my new salary, and have already started reaching out to other firms.Anonymous User wrote: ↑Mon Jun 27, 2022 3:41 pmWhy are you staying at JD? I feel like it would make sense to stay at JD at a secondary market, but if I was making below market at those hours, I'd be a little upsetAnonymous User wrote: ↑Mon Jun 27, 2022 11:23 amThis is my situation. I’m 4-6 years in here and have been at 2,000-2,100 billable hours every year since I joined. Office in a big market too.Anonymous User wrote: ↑Sun Jun 26, 2022 6:56 pmQuestion for JD folks. To those of you who are below market when factoring in bonuses but above when not, what are your hours? I think it’s pretty good to try above market base if you’re billing like 1800 hours since a comparable associate traditional firms wouldn’t get bonus and you’d be above them. I’ve only hit my hours twice in five years.
Looking into JD so want to be anon.
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Re: Jones Day Compensation Data Points
Any senior associates in major markets care to react to their new numbers?
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Re: Jones Day Compensation Data Points
There is a lot of talk about how after the first year, salaries at Jones Day are below and sometimes significantly below market. Is there any wisdom as to whether JD compresses salaries more in smaller cities like Pittsburgh but in large markets like NY, DC, LA, and HOU, attorney salaries are closer to market?
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Re: Jones Day Compensation Data Points
Broadly, yes. There's also less compression in top practice groups.Anonymous User wrote: ↑Thu Jul 14, 2022 1:43 pmThere is a lot of talk about how after the first year, salaries at Jones Day are below and sometimes significantly below market. Is there any wisdom as to whether JD compresses salaries more in smaller cities like Pittsburgh but in large markets like NY, DC, LA, and HOU, attorney salaries are closer to market?
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Re: Jones Day Compensation Data Points
There used to be much more compression in the smaller markets but they moved away from that last year and now we’re supposed to be paid as much as major markets. It’s tough to compare specifically since we don’t have many updated numbers. But for context I’m a fifth year and just over 400.Anonymous User wrote: ↑Thu Jul 14, 2022 2:14 pmBroadly, yes. There's also less compression in top practice groups.Anonymous User wrote: ↑Thu Jul 14, 2022 1:43 pmThere is a lot of talk about how after the first year, salaries at Jones Day are below and sometimes significantly below market. Is there any wisdom as to whether JD compresses salaries more in smaller cities like Pittsburgh but in large markets like NY, DC, LA, and HOU, attorney salaries are closer to market?
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Re: Jones Day Compensation Data Points
What are the top practice groups? Is desire to work in cybersecurity valuable to Jones Day as it is for other firms?Anonymous User wrote: ↑Thu Jul 14, 2022 2:14 pmBroadly, yes. There's also less compression in top practice groups.Anonymous User wrote: ↑Thu Jul 14, 2022 1:43 pmThere is a lot of talk about how after the first year, salaries at Jones Day are below and sometimes significantly below market. Is there any wisdom as to whether JD compresses salaries more in smaller cities like Pittsburgh but in large markets like NY, DC, LA, and HOU, attorney salaries are closer to market?
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Re: Jones Day Compensation Data Points
I believe some data on this was in the lawsuit, but if you’re in this position, you’ll know I guess. A lot.Anonymous User wrote: ↑Sat Jun 25, 2022 9:53 amAnybody know how much more JD-SCOTUS clerks make compared to market rates?
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Re: Jones Day Compensation Data Points
Did WFH on average 2-3 days a week hurt your comp?
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Re: Jones Day Compensation Data Points
5th year as in C/O 2017?Anonymous User wrote: ↑Thu Jul 14, 2022 2:24 pmThere used to be much more compression in the smaller markets but they moved away from that last year and now we’re supposed to be paid as much as major markets. It’s tough to compare specifically since we don’t have many updated numbers. But for context I’m a fifth year and just over 400.Anonymous User wrote: ↑Thu Jul 14, 2022 2:14 pmBroadly, yes. There's also less compression in top practice groups.Anonymous User wrote: ↑Thu Jul 14, 2022 1:43 pmThere is a lot of talk about how after the first year, salaries at Jones Day are below and sometimes significantly below market. Is there any wisdom as to whether JD compresses salaries more in smaller cities like Pittsburgh but in large markets like NY, DC, LA, and HOU, attorney salaries are closer to market?
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Re: Jones Day Compensation Data Points
Correct. I haven’t heard much about where others landed this year so don’t have much to compare to.Anonymous User wrote: ↑Mon Jul 18, 2022 6:06 pm5th year as in C/O 2017?Anonymous User wrote: ↑Thu Jul 14, 2022 2:24 pmThere used to be much more compression in the smaller markets but they moved away from that last year and now we’re supposed to be paid as much as major markets. It’s tough to compare specifically since we don’t have many updated numbers. But for context I’m a fifth year and just over 400.Anonymous User wrote: ↑Thu Jul 14, 2022 2:14 pmBroadly, yes. There's also less compression in top practice groups.Anonymous User wrote: ↑Thu Jul 14, 2022 1:43 pmThere is a lot of talk about how after the first year, salaries at Jones Day are below and sometimes significantly below market. Is there any wisdom as to whether JD compresses salaries more in smaller cities like Pittsburgh but in large markets like NY, DC, LA, and HOU, attorney salaries are closer to market?
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