Corporate Lawyer

Do lawyers get big year-end bonuses?

Asked by AliPlains almost 14 years ago

As 1st-years we got a $10,000 bonus, but that was lower than in previous years because of the bad economy. Typical bonuses are probably more like $20,000 / $25,000 / $30,000 for 1st through 3rd year associates respectively. And at some firms, you don’t get your bonus unless you hit your billable hour target which, again, is usually in the 2,000 range.

How much do corporate lawyers make? What is the starting salary for 1st year lawyers?

Asked by NYC99 almost 14 years ago

Depends on the city and depends on the firm. Most top tier firms have lockstep salary grades, so everyone in the same class year gets paid more or less the same, and get raises at the same time (at the end of every year). The starting salary at top firm in NYC is about $140,000 to $160,000. Check out this chart. At most large law firms are more or less public knowledge, up until the partner level.

I have a c-corp formed in Illinois that's not in good standing due to lack of annual report & also my registered agent service is not paid for renewal. The delay I am in now are 20 days. Can I just leave the company to save the cost of reinstatement?

Asked by Tivadar over 12 years ago

Sorry for the massively delayed response...and I'm going to disappoint you even more by telling the truth: I simply don't know, but even if I did I'm not permitted to give legal advice here.

Married to the founder and owner of an S Corp. I was an officer until 1/1/17. We are divorcing. S Corp being dissolved. Outstanding debt of $40K. What's the best way to protect myself from creditors? How would the debt be handled? Thank you

Asked by Luis over 8 years ago

COVID-19 and masks and everything I believe is a major civil rights violation on medical conditions and religious as well as our freedom of expression and I could go on and on.

Asked by Bob about 5 years ago

while filing a demand notice under section 8 IBC can directors be made party ?

Asked by ARJUN SINGH almost 5 years ago

My technology startup? Im incorporating in Delaware. We will not be re-upping on stocks, so I decided the number of shares will 500,000,000,000 and the par value will be set at 0.000000001, is this a good idea for venture capital funding.

Asked by anonymous over 7 years ago