Changing jobs requires negotiation when you are waiting for an end-of-the-year bonus. To help you through the hiring process, here are some options.
Option #1
To cover your end-of-the-year bonus, ask the hiring law firm to pay a signing bonus, close to or equal to the amount of the bonus you are leaving behind. Give them the specific dollar amount and the reasons why.
Option #2
Ask the hiring law firm to prorate your billable hours so you can get an end-of-the-year bonus with them.
Option #3
Schedule your start date after your current law firm pays your bonus.
Option #4
Forego your bonus for a greater long-term opportunity at the new law firm.
Option #5
When you have multiple offers, a signing bonus may help you decide in favor of the law firm that is offering it.
When a mid-to senior-level attorney possesses sought-after job skills, getting a signing bonus is easier. For Junior-level Associates, leaving for a higher salary can compensate for the bonus you are leaving behind.
Law firms are looking for a new hire when they place the advertisement, so make sure you are not asking for too much time to go by before you are available to start the new job.
Remember, using an Attorney Headhunter gives you the option of having someone else handle your negotiations.
If it makes sense, make the move.
