Yesterday we reported that Patton Boggs was having an all associates meeting and wanted its people to be there in person.
With everybody gathered around, Patton Boggs unleashed a torrent of news. First things first. Here’s the bonus announcement, from a statement the firm released to Above the Law about the meeting:
As usual, we are rewarding associates who exceed their billable hour goal with our annual bonus program. Bonuses will range from $5,000-$45,000 depending on class year and the number of hours by which an individual target was exceeded.
In addition, the firm plans to offer merit bonuses in January as part of the associate evaluation process.
Well, the New York market starts at $7,500, so the low end of the Patton Boggs scale is below the bottom of the NYC scale. But at the top end, Patton Boggs is paying more than the Cravath scale.
It is worth noting, of course, that Cravath and other top New York firms pay bonuses to everybody, not just those who “exceed their billable hour goal.” In this market, is anybody actually billing anything like 2400 hours? It could be that Patton Boggs’s big top number is a payout only a couple of people will actually receive.
And the bonus news was the good news to come out of the meeting. The other news is after the jump.
What is going on, D.C.? As you know, Above the Law will be inside the Beltway tomorrow. And we know a lot of D.C. associates are wondering whether their bonuses will be on the level that Cravath has set for the New York market.
We could be getting our first piece of solid information on that front later today. Tipsters report that there is big meeting scheduled at D.C.-based Patton Boggs today:
Firm-Wide Associate Meeting Today at Patton Boggs
About 2010 salaries and the automatic hours bonuses. 2:30.
The Firm usually lets associates call in but said that if they wanted to attend or comment they had to be in the conference rooms in person. Kind of unusual.
So Patton Boggs wants to make sure everybody is there in person to discuss salaries and bonuses. Maybe it’s bringing all the associates together to announce a raise and a market-busting bonus? The glass is half-full — at least it looks that way through my rose-colored glasses.
We reached out to Patton Boggs spokespersons, but they were not able to provide us with an immediate comment.
We’ll keep you posted here if new information comes to light later today. Earlier: Prior ATL coverage of associate bonuses
Can you imagine having to pay your firm money over the next couple of months because the firm overcompensated you at the beginning of 2009? That is the situation facing a number of Patton Boggs associates over the next couple of weeks.
Patton Boggs has a three tiered associate compensation system. A firm spokesperson explained the details to Above the Law:
Patton Boggs has three base billable hour tiers for associates: 1650, 1800, and 1900. Associates on one of the lower tiers who reach a billable hour total of a higher tier are automatically paid the salary differential in the early part of the next year.
Associates who don’t make their hours are bumped down to one of the lower tiers. But the whole decision making process is done as part of the firm’s annual performance reviews, many of which haven’t taken place yet. A tipster explains the consternation among many Patton associates:
If an associate is bumped down, their salary will be bumped down accordingly in an amount to be determined by the firm (i.e. not the full published drop between the 2008 rate for  and the 2008 rate for 1800 – as in some instances that could amount to up to 65K). So some don’t know if they will be bumped or, better yet, how much their salary will be for 2009. In general, people were pleased just to bump down as opposed to getting laid off or some other alternative.
But here is the kicker – associates [won't know if] they are being paid at the  rate until after their review, if at that time they are bumped down to 1800, they have to PAY THE FIRM BACK the difference in pay for the first 2 months of 2009. The “overpayments” will be spread out over 4 paychecks.
After the jump, the firm explains that this is nothing new at Patton.
The Vault 100 march continues! In this series of open threads, we list the firms, and you all discuss their upsides and downsides. We’ll be wrapping this puppy up this week.
Here are the next ten (with prestige scores in parentheses):
Usually, we have fun with the “notable perks” chosen by Vault. But as we move down the list, the perks are becoming distinctly less notable — e.g., gym membership discounts, free parking, and “good views.” Oh well.
You know what to do! Have at it in the comments. Earlier:Vault 100 Open Threads – 2009
Andrew Bruck takes a question at Wednesday’s press conference.
Every now and then, we leave our apartment. We did so on Wednesday, to attend the press conference of Law Students Building a Better Legal Profession, where the organization unveiled its law firm diversity rankings (accessible here; Los Angles Times article here).
It was quite informative. For those of you who might be interested — and we’re guessing there are a number of you, judging from the robust commentary on our earlier post — read more, after the jump.
Despite the unseasonably warm temperatures we’ll be seeing here in D.C. later this week, summer is over. But that doesn’t mean our inbox is closed to stories of summer associate scandal.
Check out this great pair of controversies, from the summer program of Washington powerhouse Patton Boggs:
There have been rumors flying around Patton Boggs about major drama in this year’s summer associate class that I thought I’d pass along. Some of the summers got upset because:
(1) At the summer associate golf outing, one of the associates wore a Confederate flag hat while playing 18 holes with the summers. The hat apparently went unnoticed by everyone except the summer associates, who (rightfully) felt uncomfortable telling a lawyer at the firm that his hat may be in poor taste. Best part: apparently he shared a golf cart with one of the black summers!
(2) Apparently a very high-level partner at Patton Boggs was disappointed to learn that a beauty queen winner/current law student was not offered a position as a summer associate. When he learned that the firm had instead hired a (gasp!) gay summer associate, he allegedly said, in front of others at the firm, “You know the recruiting department is screwed up when they’re rejecting beauty queens but hiring homosexuals.”
We contacted Patton Boggs for comment. A firm spokesperson provided this statement:
“The firm takes these types of matters seriously. When we hear of things of this nature, we investigate and take appropriate action as necessary.”
If you’re at Patton Boggs and can enlighten us further about these events — or if you’re at another firm, and have summer associate stories you’re now at liberty to share with us, given the passage of time — please email us. Thanks.
We received this information from a tipster last night, and a firm spokesperson confirmed it for us this morning. Here it is:
Patton Boggs just raised starting salaries to 160,000 for first years for 1950 billable hours. This is a 50 hour bump and a $15,000 bump. They also introduced a new 1800 billable track that is full-time, but paid on a lower scale (obviously).
No memo yet. The full scale closely approximates the Hogan & Hartson scale and caps out at $280,000. Still a 100 hour/year pro bono requirement.
So does anyone know what the DC List of Shame now looks like? Feel free to post it in the comments.
Also, are you aware of any recent pay raise news that we haven’t covered in these pages? If so, please email us. Thanks.
This farewell email was sent out last month by a librarian who left Patton Boggs, the prominent D.C. law firm.
It pretty much speaks for itself. We would just note that Patton Boggs, as one of the biggest lobbying shops in Washington, is chock-full of both lawyers and ex-politicians.
From: [redacted] Sent: Tuesday, July 03, 2007 5:35 PM To: *Everyone (DC); *Everyone 2445 M Street Subject: Good-Bye Patton Boggs
After 8.5 years, today was my last day at Patton Boggs LLP.
Everyone knows what I think about the Law(yers) and politic(ian)s, so I won’t dwell onit [sic].
Farewell to everyone as I doubt we’ll meet again in this life or the next.
Good-bye Patton Boggs.
Our tipster reported her fear that the embittered ex-exployee might go postal: “I came to work the following day using the side entrance because, well, I didn’t want to take any chances….”
The NYT has served up a relatively weak batch of candidates this week. That’s okay with us; we needed to be brought down to earth after the heights of last week’s eminence-fest.
Still, a warning: There’s not an Ivy League degree to be found in this column, so those of you who are nauseated by the couplings of mere Duke-UVA grads may want to avert your eyes and ponder what a cesspool the Times has become.
Here are the finalists:
Watch to find out what some of our subscribers received in their May box!
The proper hair styling product might just be the only thing standing between you and your dream job. And the best way to find what works for you is to try the best stuff on the market. Join Birchbox Man for $20 a month and you’ll get customized shipments of the best grooming and lifestyle gear on the market every month—everything from haircare and shaving supplies to style accessories and tech gadgets.
As the leading discovery commerce platform, Birchbox is redefining the retail process by offering consumers a unique and personalized way to discover, learn about, and shop the best grooming and lifestyle products out there. It’s a full 360-degree process: try, learn, buy. Once you sign up and fill out your profile, head over to Birchbox Man’s online magazine to find article and video tutorials on how to get the most out your monthly box products. Pick up full-size versions of anything you like in the Birchbox Shop and earn points for every purchase.
We currently have a number of active openings for associate roles at US and UK firms in HK / China, Singapore and two new in-house openings. As always, please feel free to reach out to us at email@example.com in order to get details of current openings in Asia, as well as to discuss the Asia markets in general and what we expect for openings later this year. Our Evan Jowers and Robert Kinney will be in Beijing the week of March 25 and Evan Jowers will be in Hong Kong the week of April 1, if you would like to meet them in person.
The US associate openings we have in law firms are in the usual areas of M&A, cap markets, FCPA / white collar litigation, finance, and project finance. The most urgent of our top tier (top 15 US or magic circle) law firm openings in Asia (among many other firm openings that we have in Asia) are as follows:
• 2nd to 5th year mandarin fluent M&A associates needed in Beijing and Hong Kong at several firms;
• Korean fluent 2nd to 4th year cap markets associate needed in Hong Kong;
• 2nd to 5th year Japanese fluent M&A associates needed in Tokyo;
• 4th to 6th year mandarin fluent cap markets associate needed in Hong Kong;
• 2nd to 4th year M&A / cap markets mix associate needed in Singapore.
The last time I flapped my wings your way, I tried to make at least enough noise about your mobile phone to make you more than a little bit uncomfortable. I hope I did. If enough of us become anxious enough about the known and unknown unknowns and knowns in our mobile phones, then we can start making wise decisions about how to manage that information and its resultant investigations.
Today, I’d like to put a finer point on the last installment’s topic by asking a question that seemed to catch most attendees off-guard at a conference panel that I moderated last week: is there discoverable personal information in a mobile app? Our panelists’ answer was a uniform “yes” with one stating that, if he had to choose only one type of data that he could discover from a mobile phone, he’d choose app data. Why? Because there’s simply so much of it and because almost all of it is objective – not just user-created like an email – but machine-tracked like GPS, usage duration, log in and log out times, browsed web addresses, browsed actual addresses. Also, most of us seem to have the idea that data doesn’t actually “stick” to our mobile devices the way it “sticks” to our hard drives. Maybe there’s a disconnect based on the fact that our phones are mobile so we assume the data is mobile to?
The traditional job application and interview process can be impersonal, and applicants often struggle to present themselves as more than just the sum of their GPAs, alma maters, and previous work history. ATL has partnered with ViewYou to help job seekers overcome this challenge. ViewYou NOW Profiles offer a unique way for job seekers to make a personal, memorable connection with prospective employers: introduction videos. These videos allow job candidates to display their personalities, interpersonal skills, and professional interests, creating an eDossier to brand themselves to potential employers all over the world. Check it out today!